Insights
Paul Atkins on Fox Business to Discuss Risk of Investing in Chinese Companies
News Paul AtkinsPatomak Global Partners Chief Executive and Former Securities and Exchange Commissioner Paul Atkins took to Fox Business to discuss investing in Chinese companies, the risks of those investments, and what to expect in the years ahead regarding…
Cryptocurrency Investments Expand to 401(k) Accounts
Digital Assets Paul AtkinsAn increasing number of investors are dipping their toes in the cryptocurrency markets. A recent survey found that one in five Americans have invested in, traded or used cryptocurrency. However, a major channel for U.S. investors – 401(k)…
DOL’s Latest Step to Expand Investment Opportunities for Retirement
Patomak Post Patomak Global PartnersWhile the effects of Covid-19 continue to take a toll on the economy, the Department of Labor is taking constructive steps to offset the impact. On June 3 the Department’s Employee Benefits Security Administration (EBSA) issued an Information Letter that essentially blessed the use of private equity investments as investment options in Employee Retirement Income Security Act of 1974 (ERISA) plans, subject to certain conditions.
WSJ: California Public Employees Vote Against Pension-Fund Activism
News Paul AtkinsThe California Public Employees’ Retirement System this month said no thank you to pension-fund activism. Government workers unseated Priya Mathur, the sitting Calpers president. She was defeated by Jason Perez, a police-union official who criticized Ms. Mathur’s focus on environmental, social and governance investing, or ESG. Mr. Perez emphasizes the agency’s fiduciary duty to maximize investor returns.