Odaily Planet Daily News: The White House is preparing an executive order that will provide legal protection for 401(k) retirement plan managers, allowing them to include private market funds, cryptocurrencies and other alternative assets in their investment options. Jon Gray, president of Blackstone Inc., said that once the United States paves the way for the expansion of 401(k) plans to investments beyond stocks and bonds, the leading institutions in the alternative asset industry will be most likely to benefit. This move will bring major changes to the U.S. retirement savings market, provide ordinary investors with more diversified investment channels, and may also create new business growth points for large private equity management companies. (Bloomberg)