Monday, April 09, 2007
Banking on Boomers
Few companies have been as successful at winning shelf space in 401(k) plans as Newport Beach-based Pacific Investment Management Co. Under the guidance of chief investment guru Bill Gross, Pimco bond funds have become a staple in thousands of 401(k)s.
But investors may be seeing an unfamiliar name — BlackRock Inc. — pop up more frequently on their retirement plan menus. Analysts say that could be good news for individual investors, especially if BlackRock brings new products at competitive rates.
Banking on Boomers
Source: LA Times
But investors may be seeing an unfamiliar name — BlackRock Inc. — pop up more frequently on their retirement plan menus. Analysts say that could be good news for individual investors, especially if BlackRock brings new products at competitive rates.
Banking on Boomers
Source: LA Times
Permalink posted by armandn @ 11:40 AM 
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