The Labor Department’s Employee Benefits Security Administration advised small businesses interested in such plans to ask about fiduciary liability.

New York State Common Retirement Fund, Albany, will vote against all but two of Exxon Mobil Corp. ’s directors due to the company’s disappointing failure to address climate risk, said Matthew ...

A look at the firms that made the list for P&I's best places to work in money management.

CalSTRS CIO Scott Chan believes that while private equity is still a “very important” aspect of the public pension fund’s success, it is not an end-all solution, and that the core order of ...

Graham Capital founder Ken Tropin said swift interest-rate hikes and currency volatility played to the hedge fund's strengths.

As allocators get more familiar with direct lending strategies, the lower middle market is in the spotlight for its attractive return potential, low leverage and enhanced lender protections. A ...

Margaret Brown, a former board member of CalPERS, has launched a GoFundMe campaign to pay for a probe into the nation's largest pension fund.

Massachusetts lawmakers on June 30 passed legislation to create a state-run retirement savings program for private sector workers who do not have access to workplace retirement savings plans.

Kent F. Custer was named the first chief investment officer of the Illinois Police Officers' Pension Investment Fund.

CalPERS CEO Marcie Frost pushed back on the mounting attacks aimed at proxy-advisory firms, warning that efforts to weaken or eliminate the use of such firms would diminish institutional investors ...

Boeing Co. union workers on Nov. 4 voted to ratify a new union contract, with the majority voting to accept the company's latest contract proposal that includes general wage increases totaling 38% ...

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