Carlyle Group hired executive Doug McNeely from BlackRock to work with major clients, including pension funds and endowments.

A participant in a 401(k) plan run by Cook Group Inc. sued the company and plan fiduciaries, alleging a series of ERISA violations.

In response to strong client demand, outsourced CIO managers are developing new investment strategies or enhancing existing approaches.

The stock sell-off deepened after weak consumer-spending data fueled recession worries, with the S&P 500 suffering its worst first half since 1970.

Only 16 of the 50 wealthiest U.S. universities shared data about the diversity stats of asset management firms managing their endowment assets.

TI Group Pension Scheme purchased a bulk annuity contract from Rothesay Life to complete a $783 million buy-in transaction.

The Supreme Court's decision regarding the Environmental Protection Agency's regulatory authority could affect the DOL's authority in rule-making.

Matthew Beesley was appointed Jupiter Fund Management CEO, replacing Andrew Formica, who will retire Oct. 1.

Rush University Medical Center settled an ERISA lawsuit by former participants who claimed fiduciaries mismanaged the plan.

More needs to be done on the biggest challenges facing our planet, and asset managers must work together to help make it happen.

Private debt is now the cheaper financing option for big-ticket leveraged borrowers than the ailing public market, upending industry norms.

Jo Carter joined XPS Pensions Group as a partner in its risk settlement team, a new position.

Qi Wang was promoted to CIO of portfolio implementation at PIMCO; she also oversees analytics, and data structure and delivery.

Kevin O'Donnell was named executive managing director of the private funds group at Cresset Partners.

The biggest buyers of leveraged loans are looking to repeat a strategy that generated gains of more than 60% during the early part of the pandemic.