U.S. state pension plans' estimated aggregate funding ratio reached 78.6% as of Dec. 31, over 6 percentage points above a quarter earlier.
Morgan Stanley Investment Management's assets under management or supervision rose 9% to $781 billion in the quarter ended Sept. 30.
Dodge & Cox announced its succession plan for chief investment officer, chairman and director of research.
Maine Public Employees' Retirement System increased its target to alternative credit to 7.5% from 5%.
University of Pennsylvania agreed to pay $13 million to settle case that alleged ERISA violations in a 403(b) plan.
BlackRock's assets under management hit a record $8.7 trillion in the fourth quarter, recording double-digit gains for the quarter and year.
Holly Framsted will join Capital Group in March in the new position of head of ETFs, leading development and launch of its first ETFs.
Driven by a closer eye on performance and fees, a larger universe of strategies and ease of investment, insurance companies have accelerated their use of ETFs.
Some of the world's biggest banks are urging a U.S. judge not to immediately terminate LIBOR after a group of borrowers filed a lawsuit.
Steven A. Kellner, a managing director and head of corporate bonds at PGIM Fixed Income, plans to retire in April 2022.
Money managers in Europe see opportunities in ESG and dividend and illiquid strategies in 2021, but expect overall revenues to be lower.
Money management economists expect to see plenty of activity in currency markets in 2021, forecasting further depreciation for the dollar.
Institutional investors and sustainability advocates will be pushing U.S. regulators to up their game on ESG disclosure and investing.
Economists expect COVID-19 to remain the dominant issue into 2021, with the future of global financial markets riding on success of vaccines.
The funded status of the largest corporate pension plans in the U.S. was unchanged from a year ago, boosted by the fourth quarter.
What do money management executives expect to see in the headlines in 2021?
Global index providers FTSE Russell and MSCI will remove three more Chinese companies, in response to a White House order.
Northwestern University's pool of endowment assets returned a net 7.1% for its fiscal year, slightly behind its 7.2% benchmark.
Two institutional sales veterans have teamed up to launch a third-party marketing, fund placement and institutional capital raising firm.
Wellesley College posted an 8.8% return for its endowment for the fiscal year ended June 30, besting the previous year's return.