TA Associates acquired a "significant minority" stake in Apex Group, a global financial services firm.
Fiduciaries can expect to field questions and document requests about cybersecurity practices and policies as part of EBSA plan audits.
Corporate defined benefit plans are seen accelerating the trend to heavier fixed-income allocations.
The investment management industry must put more emphasis on inclusion if efforts to accomplish true diversity are to pay off.
JPMAM's Asia head believes its time to move beyond joint ventures in China and use the same organizational structure the firm uses globally.
Despite efforts by investment managers and other financial firms to improve diversity, the industry still is not where it needs to be.
CDI Corp. agreed to a $1.8 million settlement of a class-action ERISA lawsuit against the company alleging it violated its fiduciary duties.
A District Court judge denied a motion to dismiss a class-action lawsuit against Estee Lauder, alleging ERISA violations in the 401(k) plan.
Some of the 10 largest U.S. institutional tax-exempt money managers have made major changes to allocations over the past five years.
Ohio State Highway Patrol Retirement System terminated J.P. Morgan Asset Management from a $35 million active core fixed-income portfolio.
Osei Van Horne and Christopher Dawe were named managing partners at J.P. Morgan Asset Management.
Wall Street's top brokers are quietly tightening their rules for who can bet against retail traders' most-popular meme stocks.
J.P. Morgan Chase applied to take full control of its China securities venture and is ramping up hiring as it plows ahead with expansion.
Managers predict a year or two of transition for China's tech giants could provide good entry points for foreign institutional investors.
CalSTRS was among a number of the largest institutional investors in the world announcing leadership changes earlier this month.
The global institutional AUM of nearly 500 money managers grew 10.8% over the year despite the economic upheaval sparked by the pandemic.