BlackRock launches new research effort on retirement risks
November 16, 2021 by
BlackRock Inc. is launching a new firmwide retirement research initiative and bringing back a former star to lead it.
In a memo sent to all BlackRock employees Nov. 4, Chairman and CEO Laurence D. Fink announced that Peter R. Fisher would be rejoining the firm in January to oversee the project. Though details on this new global initiative are scant, as it’s in its very nascent stages, Mr. Fink wrote in the memo that it will take advantage of the firm’s “collective knowledge of the dozens of markets where (it) already participate(s) in retirement systems.”