UAW fund moves $6 bln to BlackRock, State Street -WSJ


NEW YORK, Aug 26 (Reuters) - The Retiree Medical Benefits Trust for the United Auto Workers Union will place $6 billion of its trustees' funds with BlackRock Inc and State Street Corp, the Wall Street Journal reported on Thursday. The health-care trust will split the funds equally between both investment firms, according to the Journal. The article cited an interview with the trust's chief investment officer Eric Henry. The trust handles funds for retirees from General Motors Co ...

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