Puerto Rico Gov. Pedro Pierluisi opposes a debt restructuring plan because of its pension reforms.
AP7 excluded two further companies from its investment universe following a planned review of allocations.
Church Commissioners for England returned 10.4% in 2020, attributable to gains in equities and some alternative asset allocations.
David J. Hunter, executive director of the North Dakota Retirement & Investment Office, has resigned effective June 22.
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.
The pace of economic recovery from the pandemic is bringing forward the Fed's expectations for how quickly it will reduce policy support.
BlackRock and Vanguard's ETFs have over $5 trillion in combined AUM, dwarfing other providers in the $9.4 trillion industry.
Public Sector Pension Investment Board, which manages $168 billion, returned a net 18.4% on investments in the fiscal year ended March 31.
Fossil-fuel financing by U.S. fixed-income ETFs increased by 72% in 2020, despite money manager pledges to cut emissions from portfolios.
Moody's Investors Service upgraded its global money managers outlook to stable from negative, due in part to improved operating conditions.
Joanna Munro was appointed CEO of HSBC Asset Management's new alternatives unit, overseeing $53 billion in AUM and advisement.
CalPERS could change how it calculates tracking error, which would eliminate private equity and real assets from its measure.
Texas is drawing battle lines in a fight against investors and companies turning their backs on fossil fuels.