Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-07-13T00:37:00+00:00
A quiet transformation is happening inside America's largest corporations. And actually, most people have no idea it is occurring. The pension funds and401(k)plans covering millions of American workers are increasingly being handed over toWall Street's elite firms to manage. Why? It's like the companies sponsoring those plans no longer believe they can do it themselves. The trend is now impossible to ignore.Goldman SachsGS) confirmed July 9 that it had won mandates to manage a combined $70 billion inretirementassets for two of America's most iconic companies: Verizon Communications Inc. (VZ) and Lockheed Martin Corporation (LMT). The deal includes approximately $30 billion in pension assets for both companies and approximately $40 billion in Verizon's defined-contribution retirement assets
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.