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.
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.
Former participants in a 403(b) plan run by the Wake Forest University Baptist Medical Center sued alleging a series of ERISA violations.
The request for an extraordinary general meeting of the board of Gresham House Strategic has been withdrawn.
Six board members of the Pennsylvania Public School Employees pension fund called for the removal of the plan's executive director and CIO.
Government Pension Fund Global may be forced to divest some weapons suppliers from its portfolio due to new exclusion requirements.
A participant in a 401(k) plan run by Royal Caribbean sued Russell for breach of fiduciary duties regarding investments in the plan.
Edward Rozell was named senior vice president, institutional services at Aristotle Capital Management.