University of Missouri System's $1.5 billion endowment pool returned a net 13.7% in the fiscal year ended June 30.
Institutional investors continue to focus on the short term despite demanding a long-term focus from their money managers and the companies in which they invest.
Westinghouse Electric Co. LLC could wind up having to put $937.4 million into its defined benefit plan.
BlackRock faces a ban on collecting about $37 million in fees from Ohio public-sector clients.
Uber and former CEO Travis Kalanick were accused in a lawsuit of covering up a series of "illicit business tactics" while raising funds.
Seattle would have a private-sector IRA program through workplaces under a legislative proposal announced Monday by Mayor Tim Burgess.
Zu Cowperthwaite was named senior director, emerging markets, at DePrince, Race & Zollo.
Institutional Venture Partners closed its venture capital fund Institutional Venture Partners XVI at $1.5 billion.
Tampa General Employees' Pension Fund will lower its assumed rate of return to 7.5% from 8% over the next five years.
Michael Turner is promoted to CEO of Man FRM.
A federal judge dismissed a suit by participants in Wells Fargo's 401(k) plan, saying plaintiffs failed to show a breach of fiduciary duty.
More cybersecurity breaches of markets should be expected, SEC Chairman Jay Clayton told a Senate oversight panel Tuesday.
The use of automatic enrollment by deferred compensation plans and other government DC plans has been discouraging.
Deloitte said hackers had accessed the firm's email platform in what a statement on its website called a "cyber incident."
So-called crisis risk offset or risk mitigation strategies offer fund executives a new framework for deciding how to offset portfolio equity and credit losses.