Harvard warned that the combined cost of federal actions against the school, including a recently passed tax increase on its endowment, could approach $1 billion annually.

Hedge funds were able to weather markets during the second quarter, posting returns of 3.8% on average during a volatile first half of 2025.

Goldman Sachs Group said Rishi Sunak, the former U.K. prime minister, has rejoined the firm as a senior adviser.

Global Infrastructure Partners has closed on $25.2 billion in commitments for its Global Infrastructure Partners V fund.

Justin Lord has been appointed chief investment officer of Alberta Investment Management. PG. By: Palash Ghosh. Outsourced Chief Investment Officer ...

U.S.-based alternative asset manager Blackstone and Canadian pension fund Public Sector Pension Investment Board, Montreal, are reportedly among the parties interested in acquiring part or all of ...

A federal judge largely upheld Department of Labor guidance finalized in 2020 that reinterpreted the definition of a fiduciary under ERISA.

Kenneth Pontarelli, partner, managing director and global head of sustainable investing at Goldman Sachs Asset Management will retire at the end of the year.

Pentegra Services Inc. has agreed to pay $48.5 million to settle allegations by 401(k) plan participants of excessive administrative and investment fees and to make several plan management changes, ...

A U.S. District Court in Massachusetts ruled in favor of Natixis Investment Managers in an ERISA complaint filed by a former ...

President Trump nominating a "shadow" Fed chair could hurt the central bank’s autonomy and shake investor confidence, sources said.

BofA loses crisis-era backer after Kuwait’s KIA sells $3 billion stake ...