More than a year after Gabe Plotkin's Melvin Capital Management was grievously injured in a short squeeze, the $7.8 billion hedge fund is shutting down.

Barnabas Health Inc. will pay $1.75 million to settle a lawsuit alleging ERISA violations in its 401(k) and 403(b) plans.

The world's most famous electric-vehicle maker has lost its spot on the ESG version of the S&P 500 index.

An investment firm for the Walton family ramped up its position in a U.S. municipal bond fund and added a sizable stake in Japanese equities.

Beijing is pushing to make China's market more institutional but foreign managers expect alpha-friendly retail dominance for years to come.

KraneShares believes its strategy of focusing on high-emitting companies doing the most to move away from fossil fuels offers an opportunity for investors.

Nextep Inc. and former participants in a 401(k) plan have agreed to settle a lawsuit claiming ERISA violations in managing the plan.

Gary Gensler is ratcheting up his criticism of digital-asset exchanges, arguing that some platforms are shirking rules.

Hedge funds and investment firms are coming out of the pandemic embracing an out-of-favor asset: Manhattan office space.

A lawsuit against O'Reilly Automotive and 401(k) plan fiduciaries claims fees for investments and record keeping were too high.

In a filing, Sandy Spring said it planned to purchase a group annuity to transfer the remaining liabilities of its $45 million pension plan.

Convertible bonds can potentially provide a different risk/reward profile to a fixed-income investor's portfolio, industry sources said.

Convertible bonds could be an asset to weather a climate of high inflation and rising interest rates, some fixed-income specialists say.

Fixed-income specialists discuss how they evaluate convertible bonds in the current market.

Although some sponsors and consultants are asking questions about crypto in retirement plans, there's little indication now the DC industry is ready to act.

Liabilities plummeted and funded status improved for the 100 largest plans in 2021 as the average discount rate rose 30 basis points.

Most asset managers saw net outflows in the first quarter as weak markets, inflation and geopolitical worries weighed on investors.

Baird's Mary Ellen Stanek wins Morningstar's latest Outstanding Portfolio Manager Award.

Orlando Police Pension Fund in a lawsuit claimed Elon Musk's proposed acquisition of Twitter Inc. may not lawfully close until 2025.

An analyst predicts BlackRock will launch an actively managed senior loan ETF.

Elon Musk's $7.1 billion of new financing commitments to help him buy Twitter Inc. for $44 billion come from the highest rungs of global finance.

A lawsuit against UPS claims ERISA violations because pension benefit calculations used allegedly out-of-date mortality tables.

The Pension Benefit Guaranty Corp. said it had approved a combined $1.9 billion in special financial assistance for two multiemployer plans.

Plaintiffs suing Juniper Networks Inc. and its fiduciaries provided a "wealth of factual allegations," a judge said in refusing to dismiss the case.

Beijing is discussing with American regulators the logistics of allowing on-site audit inspections of Chinese companies listed in New York.