Plans in the BNY Mellon U.S. Master Trust Universe returned a median 9.4% for three months and 13.2% for the year ended Dec. 31.
BNY Mellon's decision to shift the active units of Mellon Investments Corp. into affiliate managers is not ringing alarm bells.
Malaysian e-payments leader is one regulatory hurdle away from launching a local version of Yu'ebao.
The European Central Bank is weighing disclosing climate risks in its bond programs and will focus on collecting data to achieve that aim.
Investor sentiment on global growth is at an all-time high, with fund managers finding little to be bearish about, a survey found.
U.K. investors are negotiating better fees thanks to increased information afforded by Cost Transparency Initiative templates.
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.
Tootsie Roll spiked to a record as retail traders pour into heavily shorted stocks fueled by excitement over GameStop's meteoric surge.
A group of 30 firms have failed to follow U.K. fee information standards agreed by the Financial Conduct Authority, investors and managers.
SPAC launches continue at a hefty pace but most institutional investors remain on the sidelines when it comes to investing directly in them.
Jeremy Grantham warns Joe Biden's economic recovery plan will propel U.S. stocks to perilous new heights, followed by an inevitable crash.
Treasury Secretary nominee Janet Yellen has investors buzzing about ultralong-term bonds after talk of them during her confirmation hearing.
Nomura Holdings and SPARX Group set up a JV to list a fund offering individual investors the chance to invest in unlisted companies.
Abu Dhabi Investment Office created an network of eight offices around the world, aiming to attract businesses to the emirate.
Neuberger Berman closed its latest buyout fund at $2.1 billion, exceeding its fundraising target.
Silver Lake closed its latest buyout fund, Silver Lake Partners VI, at $20 billion, reaching its hard cap.
Capital Constellation purchased a stake in private equity manager Avista Capital Partners, which focuses on health-care investments.
Investment Metrics acquired Style Analytics, expanding its portfolio analytics, reporting and data solutions offering.
Industry players put lessons learned from COVID-19 to work in 2021 along with a strong focus on DEI and ESG.
Sixth Street closed its latest fund, Sixth Street Specialty Lending Europe II, at its $1.2 billion hard cap.
Marathon Asset Management has closed the Marathon Distressed Credit Fund at $2.5 billion.
U.S. Treasury yields rose above 1% for the first time since the pandemic-driven turmoil in March, and the sell-off may only have just begun.
Pictet tapped its deputy wealth management CEO for Asia to head its private bank unit in Singapore.
NYSE will not delist three Chinese state-owned telecom firms, backtracking on a plan that had threatened to escalate U.S.-China tensions.
Money managers are once again hoping that recent outperformance by value stocks will stick around.