Asset owners and money managers must take steps now if the global temperature increase is to be kept below 2 degrees Celsius.
Daniel Celeghin was named managing partner at money manager strategy consultant Indefi, a new position.
Sterling Bancorp agreed to pay $12.5 million to settle a class-action lawsuit filed by the Oklahoma Police Pension & Retirement System.
European private equity deal value and volume hit a quarterly record in the first quarter, boosted by middle-market and microcap deals.
Carrie Peluso's responsibilities now include head of manager research for SSGA's global solutions business, replacing Dennis J. Santos.
BentallGreenOak closed its third European value-added fund at $2.3 billion, which largely invests in logistics assets.
Two participants in a Kimberly-Clark Corp. 401(k) plan sued the company and plan fiduciaries, alleging breaches of fiduciary duty.
The Supreme Court is seeking federal input on a case that may determine how investments in non-employer stock should be treated by ERISA.
Changing fee-cap rules will not lead to a material increase in illiquid investments by U.K. defined contribution plans, the PLSA said.
Melrose Industries plans to contribute about $138 million to its GKN U.K. defined benefit funds through an asset sale.
Invesco's AUM has been able to keep up with the asset management industry but has trailed better-performing peers. Read the full story.
St. Clair Shores Police and Fire Retirement filed a lawsuit against Credit Suisse related to its Greensill and Archegos relationships.
Sacha Sadan will join the Financial Conduct Authority this summer as its first director of environment, social and governance.
Ameriprise Financial Inc. and Amundi made moves earlier this month to bolster their European capabilities.