A resolution calling for a vote for new leadership at the Pennsylvania Public School Employees' Retirement System was withdrawn.
Participants are benefiting from plan sponsors' adoption of recommendations for boosting outcomes, but there remains room for improvement.
Puerto Rico Gov. Pedro R. Pierluisi signed into law a bill preventing future cuts to pension benefits.
AMP Capital tapped a former SSGA executive to take the helm as the firm moves ahead with demerger plans for its private markets businesses.
Alecta invested $100 million in a social bond aimed at promoting healthy living in emerging markets.
Jerilyn Castillo McAniff was tapped to lead diversity and inclusion efforts within Oaktree Capital Management's U.S. high yield bond group.
Sen. Marco Rubio introduced another bill aimed at preventing the Federal Retirement Thrift Board from investing assets in Chinese companies.
The estimated aggregate funding ratio of U.S. public pension plans has increased to 74.7% in fiscal year 2021.
A bipartisan group of 10 senators has agreed to pitch a $1.2 trillion eight-year infrastructure spending package to President Joe Biden.
Virginie Maisonneuve joined Allianz Global Investors as global CIO equity, leading the firm's $195.1 billion offering.
Citadel Securities reached a settlement in a lawsuit with a British hedge fund manager over the attempted hiring of a senior trader.
An adaptive risk approach looks under the hood of individual stocks and bonds and allows for more diversification through varying durations.
Despite efforts by investment managers and other financial firms to improve diversity, the industry still is not where it needs to be.
Man Group announced the appointment of Mark Jones as deputy CEO and the retirement of CIO Sandy Rattray, among other boardroom changes.
Much work has been done on improving diversity in the money management industry, but where are we now?
The New York-based giant becomes the first foreign firm to garner a license to launch a wholly owned mutual fund company in mainland China.