Investor groups are challenging a Kentucky law that places heightened disclosure and analysis requirements on proxy-advisory firms.

Blue Owl Capital pointed to a record institutional investor fundraise quarter as the backdrop for expected accelerated growth in 2027.

Principal Financial Group has been selected as the new OCIO manager for Mercy Medical Center of Cedar Rapids, Iowa, according to a spokesperson for the financial firm.

Advent International closed GPE XI at nearly $27 billion, with limited partners including New Mexico SIC and Delaware PERS.

The private credit portfolio suffered from business development companies’ redemptions and a software-sector drawdown, according to a report by the state Division of Investment.

Asset management executives say controlling AI costs and maintaining flexibility to use multiple technology providers are key priorities.

State Street Investment Management’s all-female independent fiduciary services team has been a major player in the industry for decades.

State Street is broadening SPYM's reach into employer-sponsored retirement plans via a new mutual fund share class, as the ETF also serves as the default Trump account investment.

Plan sponsors should reevaluate their automatic rollover IRA providers and strengthen communications with departing employees after new research found that 68% of accounts transferred into automatic ...