Search activity for the first quarter of 2021 increased 40.9% from the prior quarter and decreased 20.1% from the first quarter of 2020. Hiring activity decreased 16.7% from the previous quarter to $49.1 billion

During the first quarter of 2021, 30 ERISA-related lawsuits were filed and/or updated. Each instance represents the involved parties either reaching a settlement or filing an appeal, or a court decision was made. The parties involved in the ERISA lawsuits in the first quarter included 10 financial firms, two health care-related firms, two universities, and prominent companies such as Johnson & Johnson, Raytheon Co., General Electric Co., Intel Corp., Mercedes-Benz U.S. International Inc., and IBM, whose case was reviewed by the U.S. Supreme Court.

Pennsylvania Public School Employees is the subject of a federal probe, after the discovery of an error in its reported performance figures.

Florida's Senate approved a bill that would close the Florida Retirement System Pension Plan to most new hires starting in mid-2022.

The number of companies in the world's largest sovereign wealth fund's equities universe should be reduced by 25% to 30%.

Andrew Moss joined Hong Kong-registered digital asset trading firm GSR in London as managing director of its new product development arm.

Manulife Investment Management and Samsung Asset Management will cooperate in South Korea on private markets, ESG and other opportunities.

The National Pension Service has been given more room to exceed its domestic equity targets before rebalancing to cope with a bull market.

Ultra-low rates have pushed institutional allocators into real estate and levered loans. The better option may be high-yield bonds.

Four years after launching, the first state-sponsored private-sector retirement plan has reached a milestone in assets, a spokesman said.

Hamilton Lane now has three co-heads of fund investment, following a series of promotions at the private-markets manager.

The NISA Pension Surplus Risk index fell 0.2 percentage points to 7.7% in March, and the average plan funded status rose to 95.3%.

Sen. Sherrod Brown is demanding answers from Credit Suisse and other banks on their activities related to failed asset manager Archegos.

Yovanka Bylander was named senior vice president and head of sustainability at money manager TimesSquare Capital Management, a new position.

Carl Pettersson was named CEO at Elo Mutual Pension Insurance Co., replacing the firm's interim CEO.