Higher interest rates and inflationary pressures are posing challenges for U.S. money managers but offering opportunities as well, McKinsey said.

Brookfield Asset Management closed its largest fund, the $28 billion Brookfield Infrastructure Fund V, alongside roughly $2 billion in co-investment vehicles.

John Hoffman, former head of Americas, ETFs and indexed strategies at Invesco, joined Grayscale Investments as head of distribution and strategic partnerships.

Allegheny County Employees' Retirement System made a follow-on commitment of $5 million to Washington Alliance Capital Fund II, a real estate fund.

Thales UK Pension Scheme insured $3.4 billion in liabilities through a buy-in with Rothesay Life.

Norges Bank Investment Management has been selected as a co-lead plaintiff along with Swedish pension fund AP7 in a lawsuit over the Silicon Valley Bank collapse.

While the economy remains stable, the Federal Reserve isn't claiming victory and will continue to follow the data in making future decisions, Chair Jerome Powell said.

Tyson Foods 401(k) plan participants sued the company alleging ERISA violations because plan executives charged excessive record-keeping fees.

Sens. Sherrod Brown and Jack Reed urged federal regulators to monitor risks that the opaque private credit market may pose to the financial system.

MassPRIM's board voted to change the name of the pension fund's ESG Committee to the Stewardship and Sustainability Committee.

Sprint Communications will pay $3.5 million to settle an ERISA lawsuit by former employees who accused the company of shortchanging their retirement benefits.

From bringing back a forest to protecting peat bogs, bees and oceans, natural capital strategies can make a difference and earn returns, investors said.

Strategies that aim to support nature are growing in appeal to deliver on sustainable and impact objectives, investors said.

The United Arab Emirates will put $30 billion into a new climate finance fund aimed at improving the flow of money into projects to reduce emissions.

Global pension and sovereign wealth managers are flocking to India while growing hesitant on China, according to a new study.

Macquarie Asset Management tapped Vivek Bommi as the firm's first head of leveraged credit.