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President Biden’s massive infrastructure spending plan could widen up even more opportunities for pension funds — who are already pumping money into an asset class they’ve long seen as an attractive area of investment.

Since June, Biden and a group of senators have been working on legislation that could infuse $1.2 trillion — including roughly $600 billion of new spending — into the country’s aging physical infrastructure, from roads and bridges to water and sewer systems and broadband internet, according to a USA Today report.

BlackRock, the world’s largest money manager with more than $9 trillion details ⇒

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