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BlackRock plans to reform US corporate 401(k) funds to make them more like pensions.
BlackRock, the world's largest asset manager, announced it will work with corporate clients to build customizable funds for 401(k) plans. These funds may include public stocks and bonds, private assets, and even annuities that provide guaranteed income in retirement, aiming to offer more investment options for American employees.
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Source：WSJ市场 · Source Link
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