Reported 1 day ago
BlackRock is set to diversify retirement plans by including private assets, marking a shift towards alternative investments. Planned for the first half of 2026, a new target-date fund will incorporate private equity and credit, aiming for allocations of 5% to 20% based on investors' age. This initiative, supported by Great Gray Trust, seeks to enhance annual returns while addressing concerns over liquidity and transparency.
Source: YAHOO