A new lawsuit against Cushman & Wakefield flips the ESG debate — arguing that failing to consider climate risk may itself violate fiduciary duty under ERISA.

U.S. valuations remain high by historical standards.

Asset managers are adding private markets exposure to model portfolios, which is a fast-growing line of business.

As the Iran war enters its second week, financial services firms — including private equity and other investment businesses — with offices in the Middle East have been monitoring and navigating a fast ...

The insurance asset management industry has flipped to a buyer’s market from a seller’s, reshaping how managers compete.

Thomas Kim has been named deputy chief investment officer at the $17 billion San Bernardino County (Calif.) Employees’ Retirement Association.

Ruane Cunniff, adviser of the fund, said the conversion is driven by wider acceptance of active ETFs and the tax efficiency it provides.

SEC Chair Paul Atkins said the agency is monitoring whether to resume its role as referee on shareholder proposals after stepping back this proxy season.

Insurers stay optimistic, but caution grows on investment risk, according to the latest insurance risk survey from Conning.

New changes to the SEC's enforcement procedure will bring more opportunities for firms, like broker-dealers and investment advisers, to avoid harsh penalties.

Richard Beaven was named acting CEO at the Pension Protection Fund, London, replacing Michelle Ostermann who has stepped down after two years in the role.

Robert Borden calls the $60.6 billion Texas Permanent School Fund a "180-year-old startup," and that's not marketing spin — ...