North Carolina will no longer rely on a sole fiduciary to manage the state’s eight pension systems, thanks to newly signed legislation drafted by the Treasurer’s office. Starting in January, ...
In a massive win for its outsourced chief investment officer unit, Goldman Sachs is lifting out UPS’s $43.4 billion pension portfolio — and the team that manages it. On Thursday the asset management ...
In late 2020, the Saslow family office was in an “unstable” transition period. The Saslows were restructuring the office that a manager, who wasn’t a member of the clan, had created, and some ...
Declining foreign investment by China’s sovereign wealth funds should have only a limited impact on their role in the global SWF investment space, according to a report from Global SWF, a data ...
The $1.8 billion University of Massachusetts Foundation topped its much-bigger peers in the annual endowment league tables with a 15.9 percent gain in 2025. The next-best result came from the $21.1 ...
Despite Fidelity dominating the defined contribution recordkeeping space and ranking among the biggest asset managers, its outsourced chief investment officer business is still a little-known blip on ...
Commodity trading advisors have been standout performers in the first two months of the year, which has been marked by unusual volatility in many global markets. Although the IASG CTA Index increased ...
Replacing the founders of New York-based real estate manager Cohen & Steers was never going to be an easy task. When Martin Cohen and Robert Steers established the firm in 1986, they did so with the ...
Bridgewater Associates just posted the biggest gain in its flagship strategy since 2010 and one of the best results in its 50-year history. Pure Alpha 18 Percent gained 34 percent in 2025, according ...
The Heinz Endowments, a decades-old foundation created by the family that started the H. J. Heinz Company, best known for its ketchup, is suing a former employee for embezzling almost $1 million of ...
Cormorant Asset Management is raising money for a new blank-check company. The biopharma and life sciences firm known for its hedge fund has filed plans to raise $125 million for Helix Acquisition ...
As global corporations transition toward a net-zero economy, a team of veteran equity managers has launched a new investment firm aiming to benefit from the shift to a low-carbon economy. London-based ...