Economic prospects have brightened as the daily count of COVID-19 cases has fallen to the lowest in more than four months.

Superannuation fund executives in Australia are largely unconcerned about rising inflation expectations.

Harvard University, the richest U.S. college, saw its fossil-fuel investments decline to less than 2% in fiscal 2020.

OMERS posted its worst result since the global financial crisis after suffering big losses in its private equity and real estate holdings.

A Japanese fund manager at Asset Management One is buying U.S. Treasuries as he believes yields have surged too far.

The clearinghouse that played a role in January's Reddit-fueled market frenzy is proposing that settlement times for stock trades be halved.

Ark Investment Management's main ETFs showed signs of stabilizing Wednesday, even as data revealed investors pulled a record amount of cash.

Golub Capital is asking a judge to block a deal that would result in part owner Dyal merging with an arch rival to form Blue Owl.

Only one major company went public last year with an all-male board, a sign that corporate America is yielding to calls to boost diversity.

Ares Management is closing in on a deal for a controlling stake in AMP Ltd.'s asset management business.

Kuwait submitted a draft law to its parliament seeking to withdraw as much as $16.5 billion a year from the country's sovereign wealth fund.

The European Central Bank is weighing disclosing climate risks in its bond programs and will focus on collecting data to achieve that aim.

Apollo Global named former SEC Chairman Jay Clayton as lead independent director, after a probe into the firm's links to Jeffrey Epstein.

Fed officials did not see conditions for reducing their massive asset-purchase program being met for "some time" at their January meeting.

A $600 million disagreement is throwing a wrench in the creation of a new investing behemoth.

Ridha Wirakusumah was named CEO of Indonesia's new wealth fund, which will invest in local projects from infrastructure to health care.

U.S. regulators are scrapping a Trump-era policy that critics contend helped insulate Wall Street firms from tougher penalties.

Sculptor saw withdrawals of $92 million from its hedge funds in the fourth quarter, capping 2020 with its sixth straight year of outflows.

The European Union's post-Brexit requirements for financial services market access are unrealistic, the Bank of England governor has warned.

Former TPG Capital executive Bill McGlashan is the latest parent to plead guilty in the U.S. college admissions scandal.

Exchange-traded fund investors are dumping Treasuries in a hurry as bets on a global rebound in inflation build across asset classes.

Aware Super wants to grow to be able to manage up to $230 billion, a push that could see it open offices in Europe and the U.S.

Norway is looking to remove restrictions on private occupational pension plans so that they can be extended to young and part-time workers.

Near the start of December, a mystery over-the-counter trade pulled about $7 billion from a Vanguard fund. It just got it all back and more.

Kuwait Investment Office is sticking with its base in London despite a dispute with former managers over accusations of inflated bonuses.