Firm’s CEO urges government and the private sector to ensure Americans have enough money to retire
BlackRock CEO Larry Fink on Tuesday urged the government and the private sector to ensure Americans have enough money to retire and said the world’s largest asset manager would launch a product next month to address the issue.
BlackRock, which had over $10 trillion in total assets under management at the end of last year, oversees the largest retirement funds in the U.S. Fink also addressed climate transition as a major economic trend with a focus on “energy security” and said net-zero remains a top investment priority for most BlackRock clients.
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