News

The world’s largest asset management firm has partnered with Great Gray to provide a TDF to serve as default investments for ...
BlackRock, the world’s largest asset manager, said it’s committed to offering new target-date retirement funds that invest in private equity, credit and possibly other types of assets alongside ...
Every week or so, I bank some personal finance nuggets that don't make it into my Yahoo Finance columns. So now — and in weeks to come — I'll be clearing out my notebook. Here we go: Private equity ...
Investment giant BlackRock announced Friday it is taking a minority stake in venture-backed fintech startup Human ... It also touts that it has eliminated all 401(k) ... The Rise Fund, ...
BlackRock said utility company Avangrid became its first client to go live with a target-date fund annuity option ... of employees in its $2.4 billion 401(k) plan using BlackRock’s ...
However the company said the product is priced similarly to BlackRock’s LifePath Index target-date fund, which charges an annual expense ratio of about 0.13 percent and a net expense ratio of 0. ...
BlackRock (BLK) is reportedly offering private market data to a Great Gray Trust 401(k), according to The Wall Street Journal. Great Hill Capital chairman and managing member Thomas Hayes explains ...
KeyCorp, Cleveland, added three collective investment trusts and one mutual fund managed by BlackRock to the investment options lineup of its 401(k) plan in 2020.. As of Dec. 31, the BlackRock ...
Not everyone is a fan of the index-fund approach with 401(k)s. Schwab’s index-only plan is a “marketing gimmick,” said R. Allen Vaughan, founder of The 401k Advisory Group, Inc., which ...
BlackRock is offering target-date exchanged-traded funds aimed at helping people save for their retirement outside of a 401 (K) plan. Investors may select a fund from a new group of professionally ...
The New York-based asset manager plans to adopt LifePath Paycheck (LLP) in 2022. The income solution will provide the option and opportunity for more than 120,000 U.S.-based 401(k) plan ...
Driven by the success of exchange-traded fund provider BlackRock, ETFs appear to be gaining notable market share in 401(k) plans, and while their use so far has primarily been among small ...