Participants in defined contribution plans are saving too little and withdrawing too much, research shows.
GAM Holding saw its share price fall about 22% on Thursday as it announced an AUM drop, companywide restructuring and no dividend this year.
Rep. John Yarmuth plans to introduce legislation that would sell federal bonds to pension funds to finance a national infrastructure bank.
Hewlett-Packard Enterprise Co. expects to contribute about $190 million to its non-U.S. pension plans in fiscal year 2019.
Edward Jones agreed to a $3.175 million settlement with 401(k) plan participants who alleged ERISA violations relating to investment options.
Philippe Jabre is returning money to investors after a challenging year, adding to the growing list of hedge fund veterans calling it quits.
Texas Employees hired NEPC as general investment consultant and CBRE Caledon as consultant for its infrastructure portfolio.
The European Central Bank kept interest rates unchanged and will end its asset purchase program this month.
The pound sterling made small upward moves the morning after Prime Minister Theresa May secured support from her own political party.
Goldman Sachs Asset Management will acquire Aptitude Investment Management, a hedge funds-of-funds manager.
Natixis Investment Managers announced it combined its three regional private equity businesses into a single unit called Flexstone Partners.
Assets under management for 18 publicly traded money management firms analyzed by SS&C Technologies Holdings rose 2.4% in the third quarter.
Raymond Yin was named managing director, head of China onshore, at UBS Asset Management.
Slightly more than half of endowments and foundations are bullish on private equity for the next 12 to 24 months.
Chicago Mayor Rahm Emanuel proposed issuing $10 billion in bonds to improve funding in the city's pension funds.