Craig Siegenthaler's questions to BlackRock Inc (BLK) leadership • Q2 2025
Question
Craig Siegenthaler from Bank of America asked about the potential migration of private assets into target-date funds and the US 401(k) market, seeking an update on BlackRock's strategy, timeline, and regulatory dependencies.
Answer
CFO Martin S. Small stated that while litigation reform is likely needed for broad adoption, BlackRock is encouraged by recent policy dialogue. He highlighted the new partnership with GreatGray and confirmed plans to launch a proprietary LifePath fund with private allocations in 2026. CEO Laurence D. Fink added that the potential for higher returns makes this imperative for retirees, underscoring the need for advanced analytics to manage the transition.