TOKYO -- BlackRock, the world's largest asset manager, is ramping up its pension business in Japan with six outsourcing investment deals with NEC and other companies to handle a total of 2.5 trillion yen ($16.7 billion) in assets.
Finance
BlackRock expands Japan pension management to $17bn in assets
Goldman Sachs affiliate also eyes larger share as outsourcing demand grows
BlackRock will manage pension funds for NEC and other Japanese companies. © Reuters
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