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Merkley Retirement Consultants
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Alternative Assets: The Next Frontier for Defined Contribution Plans (PDF)
Aon Hewitt 
Oct. 15, 2013
"Alternative investments such as hedge funds, private real estate and commodities have historically been excluded from defined contribution plans. This trend is changing ... [They] are most appropriately included in [DC] plans through multi-asset funds such as target date funds and diversified core options, which reduces the potential for misuse by plan participants.... [A] specific fund may be appealing for institutional investors, but this doesn't always imply that the strategy can be modified in a way that makes it equally attractive for [DC] plans."
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