BlackRock CEO says the only way for most pension plans to meet their obligations is to invest more in equities.
By Alexis Leondis, Bloomberg|December 04, 2013 at 08:47 AM
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BlackRock Inc. Chief Executive Officer Laurence D. Fink, who last year said he would invest 100 percent of his personal wealth in equities, said pension funds won’t meet their liabilities unless they put more money in stocks.
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