Unum Group added a managed retirement fund to its 401(k) plan and paired it with automatic withdrawal options.

TA Associates acquired a "significant minority" stake in Apex Group, a global financial services firm.

Ontario Teachers' Pension Plan aims to double its infrastructure investments within the next five years.

Goldman Sachs Group Inc. removed two mutual funds from the investment options lineup of its 401(k) plan in 2020.

Voter suppression and other election threats are capturing the attention of shareholder advocates — including institutional investors.

Canadian investment giant Brookfield Asset Management is bucking the trend when it comes to hybrid work in a post-pandemic world.

Allianz's board member overseeing PIMCO said the German insurance company plans to play an active role in money management consolidation.

BlackRock will acquire and integrate business and technology consultant Baringa's climate-change scenario model into its Aladdin platform.

Christian Lemaire retired as global head of retirement solutions at Amundi after 20 years with the firm and its parent organization.

An SEC rule proposal for companies to disclose climate-related risk is likely to come out in 2021.

Florian Bezault was named head of AXA Investment Managers Americas, replacing Marcello Arona.

Chris Cowan was named managing director at real estate investment firm Arc Capital Partners.

BlackRock and Vanguard's ETFs have over $5 trillion in combined AUM, dwarfing other providers in the $9.4 trillion industry.

Several investor groups filed a complaint in U.S. District Court to vacate the SEC's shareholder proposal rule.

Legal & General Investment Management divested from four companies over insufficient action to address climate-change risks.