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.

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

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 ...

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