Harvard warned that the combined cost of federal actions against the school, including a recently passed tax increase on its endowment, could approach $1 billion annually.

Hedge funds were able to weather markets during the second quarter, posting returns of 3.8% on average during a volatile first half of 2025.

Goldman Sachs Group said Rishi Sunak, the former U.K. prime minister, has rejoined the firm as a senior adviser.

Kenneth Pontarelli, partner, managing director and global head of sustainable investing at Goldman Sachs Asset Management will retire at the end of the year.

Justin Lord has been appointed chief investment officer of Alberta Investment Management. PG. By: Palash Ghosh. Outsourced Chief Investment Officer ...

A federal judge largely upheld Department of Labor guidance finalized in 2020 that reinterpreted the definition of a fiduciary under ERISA.

The 2045 NEST Retirement Date Fund, which is designed for members expecting to retire in 2045 and represents the growth phase of the National Employment Savings Trust, London, posted annualized ...

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

Pentegra Services Inc. has agreed to pay $48.5 million to settle allegations by 401(k) plan participants of excessive administrative and investment fees and to make several plan management changes, ...

An usual year is what institutional investors and shareholder advocates labelled the 2025 proxy season as the volume of — and support for — proposals related to environmental and social issues waned ...

BofA loses crisis-era backer after Kuwait’s KIA sells $3 billion stake ...

William Blair appointed Robert Kendall as the new global head of its investment management business to replace the retiring Stephanie Braming, who has led William Blair Investment Management since ...