Scott Chan will join the California State Teachers' Retirement System as deputy chief investment officer on Aug. 1.
A judge ruled Wednesday that a Kentucky pension reform law passed earlier this year was unconstitutional.
The White House announced a plan to combine the Labor and Education departments into the Department of Education and the Workforce.
Cbus CIO Kristian Fok says growth of super assets, internal teams will allow funds to play much broader role in infrastructure investing.
The Supreme Court ruled that the SEC's in-house judges are not just employees but officers subject to the Constitution's appointments clause.
Colony Capital has agreed to acquire buyout firm Abraaj Group's Latin American, North African, sub-Saharan African and Turkey funds management business.
David Christopher was named managing director, defined contribution investment-only institutional sales at Nuveen.
After a long delay, the 5th U.S. Circuit Court of Appeals confirmed a March decision to strike down the Labor Department's fiduciary rule.
Bank of England left interest rates unchanged in a move that money managers think might be signaling there is room for an August rate hike.
Aliaxis U.K. Defined Benefit Pension Scheme insured £50 million in liabilities through a buy-in transaction with Just Group.
Australia's New South Wales set up a sovereign wealth fund with A$3 billion in seed money to better manage public debt.
Carlyle Group announced the final close of its fifth Asian buyout fund at $6.55 billion, more than 65% bigger than its previous fund.
Scott Steele, PIMCO's head of Hong Kong and Singapore wealth management, has joined Janus Henderson to lead Asia distribution.
The weakening of Europe's economic dependency on the U.S. is the underlying reason for the weakening of the trans-Atlantic alliance.
The CalPERS board on Wednesday approved substantially increasing the compensation of the next chief investment officer.