Pension funds around the globe are being forced to reconsider the way they invest as they grapple with the impacts of various risks.
Legg Mason reported $754.4 billion in assets under management as of Sept. 30, up 1.8% from June 30 and up 3% from a year earlier.
University of Washington's consolidated endowment fund returned 13.6% in the fiscal year ended June 30.
President Donald Trump repeated his desire to keep tax breaks for workers' 401(k) contributions Wednesday.
Norwegian pension fund and savings manager Storebrand will acquire Norwegian asset manager SKAGEN.
Large-cap equity manager Herndon Capital Management is closing its doors.
Alaska Ironworkers Pension Plan withdrew its application to reduce benefits as part of a reorganization plan under the MPRA.
Intercontinental Exchange agreed to acquire electronic fixed-income trading venue BondPoint for $400 million in an all-cash deal.
Saudi Arabia's sovereign wealth fund will borrow to boost returns from its investments as it seeks to diversify the kingdom's oil-dependent economy.
A federal court judge dismissed a suit against record keeper Xerox HR Solutions, now Conduent, by participants in three Ford Motor plans.
New Hampshire Retirement System made a follow-on commitment of $150 million to a private equity co-investment strategy.
Fort Lauderdale Police & Fire Retirement System is looking to invest in a local private-public infrastructure or real estate project.
Engaging with and educating participants early on in their employment are key to helping them achieve better retirement outcomes.
AllianceBernstein reported $534.9 billion in assets under management as of Sept. 30, up 3.5% from June 30 and up 9.1% from Sept. 30, 2016.
Minimal capital and an increased likelihood of success has made starting a tech company an attractive investment for seed-stage specialists.