Participants in a 401(k) plan run by AutoZone have sued Northern Trust, the plan's former investment adviser, alleging violations of ERISA.
Norway's sovereign wealth fund is about to insist that all companies in its portfolio have clear targets for cutting CO2 emissions.
Franklin Templeton will acquire Aviva's U.S. investment-grade credit strategies and track records and hire four employees to manage the funds.
Dini Ajmani resigned as assistant state treasurer in New Jersey to join the U.S. Department of the Treasury.
Caroline Hedges was named head of credit at Aviva Investors, effective immediately.
U.K. financial regulators issued recommendations aimed at making it easier for DC plan participants to invest in less-liquid assets.
Texas Municipal's 20.3% return trailed its benchmark in the year ended June 30, but returns exceeded it over longer periods.
Duke University's endowment returned 55.9% for the latest fiscal year, bringing its assets to a record $12.7 billion.
Tennessee Consolidated Retirement System returned a net 25.6% for the fiscal year that ended June 30.
Two San Jose, Calif., pension funds reported fiscal-year returns that each exceeded 26%.
Merced County Employees board approved lowering its actuarially assumed rate of return to 6.75%.
In a tough blow to the industry, China banned all cryptocurrency transactions and vowed to root out mining of digital assets.
Isio Group agreed to acquire Premier Pensions Management, its first acquisition since breaking off from KPMG.
Todd B. Sisitsky was installed into the new position of president of TPG.
Peter Mobberley joined hedge fund Hildene Capital Management in the new position of head of business development.
Investcorp announced its strategic capital group has taken a minority stake in credit specialist Marblegate Asset Management.