MSCI and FTSE Russell are cutting Russian equities from indexes, while the London Stock Exchange has suspended Russian depositary receipts.
As global condemnation of the Russian invasion of Ukraine intensifies, U.S. public pension funds’ responses continue to evolve.
With crisis in Ukraine, some European pension plan investors are taking action to cut exposure to Russian holdings.
Russia's invasion of Ukraine led Western countries to impose stricter sanctions and caused some asset managers to revisit their forecasts.
GAM International Management will pay a $12.1 million fine to settle Financial Conduct Authority accusations of conflicts of interest.
Virus transforms jet-setters into homebodies, adding new wrinkles to business practices that traditionally favored face-to-face meetings.
Hermitage Capital Management founder Bill Browder was released after a brief detention by Spanish police on a Russian arrest warrant.
BlackRock to sell 40% stake in DSP BlackRock Investment Managers it bought in 2008, citing need for partners to take different paths.
Indian Prime Minister Narendra Modi eased restrictions on foreign direct investment across several sectors.
Africa's biggest fund manager may be dumped by a labor federation representing 230,000 South African state workers.
China International Capital Corp. will acquire a 50.1% stake in Krane Funds Advisors, the provider of the China-focused KraneShares exchange-traded fund series.
The European Commission proposed granting pension providers a passport to distribute pension products across the European Union.