TA Associates takes ‘significant minority' stake in Apex
June 18, 2021 02:20:12 PMTA Associates acquired a "significant minority" stake in Apex Group, a global financial services firm.
Astec Industries swaps 2 small-cap equity funds in 401(k) lineup, drops bond fund
June 17, 2021 01:02:33 PMLabor Department investigators want info on plan cybersecurity practices, policies
June 17, 2021 11:49:19 AMFiduciaries can expect to field questions and document requests about cybersecurity practices and policies as part of EBSA plan audits.
Kontoor Brands remakes 401(k) plan lineup
June 16, 2021 11:12:07 AMCorporate defined benefit plans shifting toward fixed income
June 14, 2021 01:32:39 PMCorporate defined benefit plans are seen accelerating the trend to heavier fixed-income allocations.
Inclusion essential to achieve true diversity
June 14, 2021 12:00:00 AMThe investment management industry must put more emphasis on inclusion if efforts to accomplish true diversity are to pay off.
J.P. Morgan carves its own path in China wealth sector
June 14, 2021 12:00:00 AMJPMAM's Asia head believes its time to move beyond joint ventures in China and use the same organizational structure the firm uses globally.
Raven Industries selects J.P. Morgan fund for 401(k) plan lineup
June 11, 2021 01:09:50 PMBuilding diverse cultures a work in progress
June 11, 2021 07:00:00 AMDespite efforts by investment managers and other financial firms to improve diversity, the industry still is not where it needs to be.
Los Angeles County Employees scouting for 2 emerging managers
June 10, 2021 02:34:29 PMOhio Public Employees taps BlackRock as target-date provider for 401(a) plan
June 10, 2021 12:09:54 PMCincinnati earmarks $40 million for private equity
June 09, 2021 02:59:41 PMCDI to settle ERISA case for $1.8 million
June 09, 2021 11:47:13 AMCDI Corp. agreed to a $1.8 million settlement of a class-action ERISA lawsuit against the company alleging it violated its fiduciary duties.
District Court allows ERISA case against Estee Lauder to proceed
June 09, 2021 11:22:50 AMA District Court judge denied a motion to dismiss a class-action lawsuit against Estee Lauder, alleging ERISA violations in the 401(k) plan.
U.S. institutional money manager allocations see changes over 5 years
June 08, 2021 11:59:28 AMSome 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 releases J.P. Morgan from fixed-income portfolio
June 08, 2021 11:46:54 AMOhio State Highway Patrol Retirement System terminated J.P. Morgan Asset Management from a $35 million active core fixed-income portfolio.
J.P. Morgan brings on 2 to lead growth equity initiatives
June 07, 2021 02:48:14 PMOsei Van Horne and Christopher Dawe were named managing partners at J.P. Morgan Asset Management.
Wall Street reins in hedge funds’ short bets on meme stocks
June 07, 2021 02:42:36 PMWall Street's top brokers are quietly tightening their rules for who can bet against retail traders' most-popular meme stocks.
Louisiana Teachers seeks equity managers for pension fund, consultant for 401(a) plan
June 04, 2021 12:46:43 PMNew York State Common allocates $4 billion
June 04, 2021 12:20:56 PMTrinity Industries adds Vanguard, Delaware funds to 401(k) lineup
June 03, 2021 11:38:34 AMJ.P. Morgan applies for 100% stake in China securities venture
June 03, 2021 10:22:24 AMJ.P. Morgan Chase applied to take full control of its China securities venture and is ramping up hiring as it plows ahead with expansion.
China tech pullback provides opportunities
May 31, 2021 12:26:00 AMManagers predict a year or two of transition for China's tech giants could provide good entry points for foreign institutional investors.
CalSTRS among institutions seeing leadership changes
May 31, 2021 12:25:59 AMCalSTRS was among a number of the largest institutional investors in the world announcing leadership changes earlier this month.
Assets rebound from depths of pandemic
May 31, 2021 12:25:57 AMThe global institutional AUM of nearly 500 money managers grew 10.8% over the year despite the economic upheaval sparked by the pandemic.