Allianz warned of a potentially material hit to its earnings after the Justice Department opened a probe into its Structured Alpha Funds.
China's securities regulator called for talks with the SEC after it increased disclosure requirements for IPOs of Chinese companies.
Goldman Sachs Group is betting that prime retail and office space in Europe's top capitals still has a bright future.
Credit Suisse sought to assure investors that the bank will "learn all the right lessons" from the fiasco at Archegos that cost it billions.
Online trading platform Robinhood Markets fell as much as 7.9% after raising $2.1 billion in an IPO priced at the bottom of market range.
Tom Barrack pleaded not guilty to charges that he illegally lobbied the government on behalf of the UAE and lied to investigators about it.
Investor backlash against Apollo Global Management over Leon Black's ties with sex offender Jeffrey Epstein is waning as cash flows back in.
Fidelity International warned it will vote against management at companies that take insufficient action to combat climate change.
The Federal Reserve is expected to start scaling back asset purchases next year with an emphasis on mortgage-backed securities.
Investing in carbon emitters while pledging to be an eco-trailblazer seems hard to reconcile, but it's all part of Temasek's delicate dance.
Colony Capital founder Tom Barrack Jr. was arrested on charges of acting as an unregistered agent of a foreign government.
Tricon Residential is teaming with the Texas Teacher Retirement System and Pacific Life Insurance Co. for a single-family rental venture.
Nigeria picked four asset managers to run a $37 billion fund set up to drive investment in roads, railways and power projects.
Fidelity Digital Assets is planning to boost head count as demand for cryptocurrency services from institutional investors remains strong.
Crispin Odey's flagship hedge fund lost 6.8% in June as the firm struggles to replicate its stellar first quarter.
Allianz Global Investors plans to curtail investments in certain coal businesses by the end of the year.
Dyal agreed to buy a minority stake in the Phoenix Suns, as institutional investors edge into an arena previously dominated by billionaires.
Apollo Global Management is planning to list a blank-check company in Amsterdam that could raise about $473 million for acquisitions.
Credit Suisse Group made a further $750 million payment to investors in its $10 billion Greensill supply chain finance funds.
CIO Richard Slocum is starting from square one when it comes to zeroing out the Harvard endowment's greenhouse gas emissions.
The former head of the board of governors at the world's largest pension fund said he sees signs of a "bubble" in ESG.
The EU is unlikely to grant U.K.-based financial firms automatic market access in all areas post-Brexit.
A deluge of inflows has swelled Europe's exchange-traded product industry to $1.48 trillion, after a slow start to the region's market.
Shares of Fannie Mae and Freddie Mac cratered after the Supreme Court ruled the Federal Housing Finance Agency did not exceed its authority.
Kuwait's Public Institution for Social Security had its best ever annual performance, recording growth in assets of 20.9%.