BlackRock's LifePath Paycheck™ Closes 2024 with $16B in AUM
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BlackRock's LifePath Paycheck™, a target-date solution offering guaranteed lifetime income, has reached $16 billion in assets under management by the end of 2024. It is the fastest growing strategy in the defined contribution market, with investments from six employer retirement plans.
January 13, 2025 | 7:45 pm
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BlackRock's LifePath Paycheck™ has achieved $16 billion in assets under management, marking it as the fastest growing lifetime income target-date strategy in the defined contribution market.
The significant growth in assets under management for BlackRock's LifePath Paycheck™ indicates strong market acceptance and potential for future revenue growth, positively impacting BlackRock's stock price.
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