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BLK Sep 2024 1100.000 call
- Barrons.com
How to Build Your Retirement Paycheck—and Make It Last
When it comes to retirement, many Americans are on their own. New annuity-like products from companies like BlackRock are cropping up in 401(k) plans, aiming to siphon off a portion of savings and put them into income vehicles that will guarantee paychecks for life. Despite their negative connotations, there are good reasons to consider some types of annuities as part of a retirement paycheck that may include other sources like Social Security, portfolio income, and capital gains.
- Reuters SG
UPDATE 1-Malaysia airport privatisation deal clouded by protests over Gaza war
A group of prominent Malaysian civil society bodies have started a protest against a bid by a consortium including a firm in the process of being acquired by BlackRock to take the country's airport operator private amid boycott campaigns against some U.S. firms over the Gaza war. Around 22 organisations have issued a joint statement urging the government to reconsider and block BlackRock's participation in the deal worth about $2.6 billion to take Malaysia Airports Holdings (MAHB) private, alleging the firm has ties with Israel. A consortium led by Malaysia's sovereign wealth fund Khazanah Nasional Bhd and state pension fund the Employees Provident Fund (EPF) announced on May 15 an offer for the shares of MAHB it doesn't already own.
- Reuters SG
Malaysia airport privatisation deal clouded by protests over Gaza war
A group of prominent Malaysian civil society bodies have started a protest against a bid by a consortium including BlackRock Inc to take the country's airport operator private amid boycott campaigns against some U.S. firms over the Gaza war. Around 22 organisations have issued a joint statement urging the government to reconsider and block BlackRock's participation in the deal worth about $2.6 billion to take Malaysia Airports Holdings (MAHB) private, alleging the firm has ties with Israel. A consortium led by Malaysia's sovereign wealth fund Khazanah Nasional Bhd and state pension fund the Employees Provident Fund (EPF) announced on May 15 an offer for the shares of MAHB it doesn't already own.
