HPS Investment Partners closed its latest direct lending fund, HPS Core Senior Lending Fund II, with $7.3 billion.
The Labor Department rule allowing plan fiduciaries to consider ESG factors is the "product of reasoned decision making," the Justice Department said.
An American Airlines pilot sued the company contending that two company 401(k) plans violate ERISA by offering investments that emphasize ESG.
The SEC has dismissed dozens of pending enforcement cases after an internal review found that some staff had improper access to certain documents.
Priya Misra will join J.P. Morgan Asset Management as a managing director and a portfolio manager on a global fixed-income team.
A global treaty on curbing plastics and related chemicals came closer to reality following U.N.-led negotiations.
Asset managers could do much better on addressing climate change and biodiversity when it comes to policies and practices, a ShareAction report said.
U.S. corporate pension plans saw their funding ratios increase in May thanks to falling liability values offsetting asset losses, three reports said.
President Joe Biden announced he will renominate Mark T. Uyeda for SEC commissioner and Summer K. Mersinger for CFTC commissioner.
BlackRock and other money managers are dipping back into the U.K.'s battered debt market, due to one of the highest yields in the developed world.