Two pension plans sponsored by Ford Motors have completed buy-ins worth $6.1 billion with insurer Legal & General.

CPP was sued by four young Canadians alleging the pension fund breached its duty to invest in their best interests by failing to protect their portfolios from climate risk.

Trian, which is headed by billionaire investor Nelson Peltz, first invested in Janus Henderson in 2020, and currently holds about 20% of Janus Henderson’s shares.

Goldman Sachs Group is jockeying for a $10 billion mandate for its asset-management arm from Kuwait’s wealth fund.

Illiquidity is a risk, not a premium, says Ian Toner, chief investment officer of investment consultant Verus.

Over the past year, the University Park, Pa.-based school notably increased its investment pool’s exposure to real assets, while trimming public and private equity.

The president named Michael Selig, chief counsel of the SEC’s Crypto Task Force and senior advisor to the chair, as the new nominee for CFTC chair.

The retirement industry should consider “the diversity of the demographics that are within plans,” such as where plan participants live and how they get their information.

Treasury Secretary Scott Bessent confirmed the names of five finalists to succeed Federal Reserve Chair Jerome Powell, with President Donald Trump saying he expected to make his decision by year-end.

Singapore sovereign wealth fund GIC Pte is looking to offload some of its private equity fund stakes, continuing to utilize the booming secondaries market to manage its portfolio.

Private credit grades used by insurance companies tend to be concentrated among smaller ratings firms, raising the risk of “inflated assessments of creditworthiness,” the Bank for International ...

Global fund managers are racing to bolster their private credit capabilities and coverage in Asia, with intense competition for talent.