An Invesco Ltd. subsidiary will pay $10.3 million to settle claims brought by the Department of Labor that its Invesco Short-Term Investment Fund violated the Employee Retirement Income Security Act...
April 29, 2016 | 04:17 pm
Paul Ebner, a senior portfolio manager who helped run BlackRock’s $1.6 billion mutual fund that bets on and against stocks, is leaving for a job with the Canada Pension Plan...
April 29, 2016 | 02:47 pm
Pearson PLC shareholders, including big pension funds, on Friday voted by 97.6% to reject a shareholder resolution filed by the Chicago Public School Teachers’ Pension & Retirement Fund and...
April 29, 2016 | 03:44 pm
Michael Donatucci was named chief investment officer at the Philadelphia Board of Pensions and Retirement.
April 29, 2016 | 02:41 pm
Colorado Fire & Police Pension Association, Greenwood Village, could commit an additional $150 million to $250 million to illiquid alternatives managers in 2016, said Scott Simon, chief investment...
April 29, 2016 | 02:59 pm
Assets under management at Amundi increased 0.2% in the three months ended March 31, to €987.2 billion ($1.1 trillion), with net inflows partially offset by negative market effects.
April 29, 2016 | 02:43 pm
Hans Rademaker, chief investment officer, and Hester Borrie, head of global distribution and marketing, are leaving Robeco Group.
April 29, 2016 | 01:41 pm
Kentucky will pour an additional $1.28 billion into its state retirement systems over the next two fiscal years under a budget bill signed into law by Gov. Matt Bevin.
April 29, 2016 | 11:12 am
Legg Mason reported $669.6 billion in assets under management as of March 31, flat from Dec. 31 and down 5% from March 31, 2015, the company reported in its earnings statement Friday.
April 29, 2016 | 11:33 am
Fortress Investment Group is exiting its convex Asia strategy, the latest to divest control of a business amid the hedge fund industry’s biggest shakeout since the 2008 financial crisis.
April 29, 2016 | 11:08 am
Nico Aspinall, head of U.K. defined contribution investment at Willis Towers Watson, will leave to launch his own firm.
April 29, 2016 | 09:50 am
David Druley was named chairman and CEO of Cambridge Associates.
April 28, 2016 | 01:55 pm
Federated Investors reported $369.7 billion in assets under management as of March 31, up 2% from three months earlier and up 4% from a year earlier.
April 28, 2016 | 05:11 pm
Irene Goh will join Aberdeen Asset Management as head of multiasset solutions, Asia-Pacific, effective May 3.
April 28, 2016 | 01:59 am
Pacific Life Insurance Co. agreed to buy Cadence Capital Management, adding $4 billion in assets under management and expanding into smart beta investing, which weighs metrics beyond market...