Unum Group added a managed retirement fund to its 401(k) plan and paired it with automatic withdrawal options.
Marin County Employees' Retirement Association moved $750 million to a Russell 1000 index fund managed by State Street Global Advisors.
TA Associates acquired a "significant minority" stake in Apex Group, a global financial services firm.
Legislation requiring public companies to disclose ESG metrics was narrowly approved by the House, but its prospects are uncertain in the Senate.
Ontario Teachers' Pension Plan aims to double its infrastructure investments within the next five years.
In a world of historically low interest rates, what place do sovereign bonds have in a portfolio?
CalPERS is preparing to restart its search for a new CIO later this summer, after having suspended the recruitment effort in March.
Voter suppression and other election threats are capturing the attention of shareholder advocates — including institutional investors.
The SEC delayed a decision for the second time on whether to approve the first bitcoin exchange-traded fund in the U.S.
CarVal Investors closed its CVI Credit Value Fund V at $3.6 billion, exceeding its fundraising target by 20%.
Allianz's board member overseeing PIMCO said the German insurance company plans to play an active role in money management consolidation.
How such funds respond to a changing world will determine how they will deliver on their mission to aiding members' financial well-being.
Investors detailed their expectations for financial reporting by U.S. oil and gas companies in regard to climate risk and stranded assets.
BlackRock will acquire and integrate business and technology consultant Baringa's climate-change scenario model into its Aladdin platform.
Christian Lemaire retired as global head of retirement solutions at Amundi after 20 years with the firm and its parent organization.
An SEC rule proposal for companies to disclose climate-related risk is likely to come out in 2021.
A shareholder class-action lawsuit against Google parent company Alphabet was allowed to proceed after appellate court ruling.
Church Commissioners for England returned 10.4% in 2020, attributable to gains in equities and some alternative asset allocations.