President Donald Trump plans to nominate Nellie Liang to the Federal Reserve Board of Governors.
Richard Law-Deeks was named CEO at the £9.6 billion Royal Mail Pension Plan.
University of Kansas returned a net 10.5% on its endowment for the fiscal year ended June 30, topping the benchmark return of 9.8%.
A Blackstone Group unit that buys stakes in alternative asset managers is nearing a deal for a minority investment in New Mountain Capital.
Seattle University announced it plans to divest its $230 million endowment of fossil-fuel stocks within the next five years.
Lisa Murray was named chief investment officer of the $2 billion Ewing Marion Kauffman Foundation.
Pension Protection Fund is seeking feedback on how to extend its levy rules to commercial consolidators for defined benefit funds.
Tanguy van de Werve was named director general at the European Fund and Asset Management Association.
The Securities and Exchange Commission should rein in the lopsided power of for-profit stock exchanges, SEC Commissioner Robert Jackson Jr. said.
Bank of America will pay $30 million to settle CFTC charges that the bank tried to manipulate the U.S. Dollar ISDAFIX benchmark.
HPS Investment Partners has agreed to lift out the staff of distressed credit manager Talamod Asset Management.
Logan Capital Management is hiring away the sovereign dividend performers portfolio management team from Manulife Asset Management.
Scott Snell joined Tetragon Credit Income Partners as a portfolio manager of collateralized-loan obligation strategies.
Qatar appointed Mansoor bin Ebrahim Al Mahmoud as chief executive officer of one of the world's largest sovereign wealth funds.
Hillhouse Capital Group on Wednesday announced it closed its latest private equity fund, Hillhouse Fund IV, at $10.6 billion.