Ontario Teachers' Pension Plan is launching a new investment department focused on late-stage venture capital and growth equity investments.
Association of the Luxembourg Fund Industry called European regulation changes to facilitate cross-border fund distribution "restrictive."
More retirees are confident about their financial situations this year compared with last year.
The Supreme Court dismissed a case that might have made it easier for shareholders to take legal action following mergers or acquisitions.
State Street Global Advisors' AUM as of March 31 rose 11.7% from three months earlier and 2.8% higher than a year earlier.
Lennox International purchased a group annuity contract from Pacific Life Insurance Co. to transfer $100 million in pension liabilities.
Houston Municipal Employees Pension System filed a class-action lawsuit alleging Conagra Brands knowingly misled investors.
Northern Trust Corp. reported $1.16 trillion in assets under management as of March 31, up 9% from Dec. 31 but flat from March 31, 2018.
U.S. retail investors have long dominated the U.S. municipal bond market, but over the last decade, institutional interest in the sector has soared.
A tribunal upheld a decision by the Pensions Regulator to fine two DC multiemployer plans for lack of compliance with U.K. laws.
President Donald Trump said he won't nominate Herman Cain for a seat on the Federal Reserve Board after opposition from his own party.
Starting in 2020, the Social Security trust funds for retirement and disability insurance will begin drawing down assets to pay benefits.
IM Global Partner acquired a 40% stake in Scharf Investments, a boutique U.S. value equities manager with $3.4 billion in assets.
Emerging markets are gradually finding favor with investors after bouncing back from tough times, but areas of caution remain.
Wells Fargo & Co.'s efforts to streamline its business, aren't an indication that the firm is considering selling its asset management unit.