Latest news with #targetdatefund
Bloomberg
6 days ago
- Business
- Bloomberg
BlackRock Puts Private Equity and Credit Into 401(k) Funds
Larry Fink is taking the next step in his plan to give possibly millions of Americans access to private markets through their retirement savings accounts. BlackRock Inc. said Thursday that Great Gray Trust Co., which provides services for more than $210 billion in assets, plans to start a target-date fund that will include private credit, along with BlackRock private equity, stock, fixed income and other investments.
Wall Street Journal
7 days ago
- Business
- Wall Street Journal
BlackRock Deepens Push Into Private Investments for the Masses
BlackRock BLK 1.30%increase; green up pointing triangle is accelerating a push into private investments by including them in funds for 401(k) retirement plans. The world's largest asset manager plans to offer a 401(k) target-date fund with a 5% to 20% allocation to private investments, depending on an investor's age, in the first half 2026, the company said.
