The wildfires raging across California have hurt participants in PG&E's 401(k) plan with holdings in the company's stock.
A group of institutional investors issued principles aimed at improving the safety and responsibility of the firearms industry.
Five large Canadian public pension plans increased exposure to less-liquid assets — but also boosted holdings of highly liquid securities.
Connell Hasten and Joshua Platek joined Victory Park Capital, leading the private equity credit specialist's new insurance services platform.
A Pension Analytics Group analysis of a proposed subsidized loan program for struggling multiemployer pension plans is flawed, a group claims.
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Snap said the U.S. Justice Department and SEC are looking into allegations it misled investors ahead of its IPO last year.
Eric Baggesen, managing investment director for asset allocation at CalPERS, was appointed interim chief investment officer.
CalPERS is tweaking its private equity investment proposal, moving to two outside limited partnerships from an outside corporation.
AQR Capital Management obtained the licenses it needed to engage directly with leading institutional investors in Japan.
Michael O'Grady was named chairman of Northern Trust Corp., replacing Frederick Waddell.
Money manager PGIM is to acquire quantitative money manager Wadhwani Asset Management.
Natixis Investment Managers lifted out a team of senior global thematic portfolio managers from Pictet Asset Management.
Money managers forecast the S&P 500 will peak at 3,056 and are waiting on 10-year Treasury yields to reach 3.7% before going to bonds.
Emerging markets going mainstream combined with the end of the great disinflation will see investors pursuing the best opportunities around the multipolar world.