Deutsche Bank will pay more than $2.5 billion to settle charges by U.S., U.K. and New York state authorities that it manipulated the London interbank offered rate for the U.S. dollar, yen, pound and...
April 23, 2015 | 12:00 pm
A group led by Ares Management's billionaire co-founder Tony Ressler won the bidding for the National Basketball Association's Atlanta Hawks.
April 22, 2015 | 04:12 pm
Cleo Chang, chief investment officer of Wilshire Funds Management and a managing director at Wilshire Associates, resigned.
April 22, 2015 | 03:45 pm
North Carolina Treasurer Janet Cowell announced Wednesday the launch of a second innovation fund that will invest in North Carolina-centered companies.
April 22, 2015 | 03:39 pm
Only 19% of U.K. final-salary defined benefit plans with more than £1 billion ($1.5 billion) in assets remain open, said a report from consultant Barnett Waddingham.
April 22, 2015 | 03:17 pm
The Canadian government will hold public consultations with the country’s federal pension funds to consider eliminating the current 30% limit for holding voting shares of an individual company.
April 22, 2015 | 03:10 pm
T. Rowe Price Group reported $772.7 billion in assets under management as of March 31, up 3.5% from three months earlier and up 8.6% from a year earlier.
April 22, 2015 | 02:32 pm
Tesco PLC, Cheshunt, England, has agreed to a funding plan with trustees of the company's defined benefit plan in an effort to plug a £3.9 billion ($5.8 billion) deficit.
April 22, 2015 | 02:01 pm
Bank of New York Mellon reported $1.74 trillion in combined assets under management for its BNY Mellon Investment Management and wealth management businesses as of March 31, up 2% from three months...
April 22, 2015 | 12:36 pm
Simon Young joined Aviva Investors as U.K. equities fund manager.
April 22, 2015 | 12:32 pm
Insurance companies are more pessimistic than they’ve been in years about finding attractive investment opportunities due to global monetary policies pushing yields to ultra-low or even...
April 21, 2015 | 07:00 pm
Five state treasurers, including North Carolina Treasurer Janet Cowell, sole trustee of the $88.8 billion North Carolina Retirement Systems, Raleigh, are urging the SEC to require corporate political ...
April 21, 2015 | 03:49 pm
Northern Trust Corp. reported $960.1 billion in total assets under management as of March 31, up 2.8% from three months earlier and 4.9% from a year earlier, said its first-quarter earnings release...
April 21, 2015 | 04:22 pm
Americans' confidence in a secure retirement is inching up, but there has been no progress in getting people who haven't planned for retirement to start planning, said the 25th annual Retirement...
April 21, 2015 | 12:01 am
Lexington Partners closed its latest private equity secondary market fund, the $10.1 billion Lexington Capital Partners VIII, hitting its hard cap after 15 months in fundraising.