S&P Global Ratings downgraded the city of Chicago’s outlook to negative, citing in part a proposal by Mayor Brandon Johnson to reduce the city’s advance payment to help shore up the city’s woefully un ...

Unlike CalPERS and Norway's wealth fund, Florida State Board of Administration to vote for Tesla’s $1 trillion pay package for CEO Elon Musk.

The formation of the $3 billion fund, also known as Texas Proposition 14, received 68.6% support during the Nov. 4 general election.

Pension funds are grappling with aging staff, retirements of skilled workers and competition from the private sector.

Hess Corp. has agreed to pay $850,000 to settle a lawsuit by a former 401(k) plan participant who accused the company and plan fiduciaries of retaining certain investments when similar cheaper options ...

Apollo Global Management has teamed up with KB Securities to explore private credit opportunities in South Korea and globally, according to the global firm’s spokesperson.

President Donald Trump’s friendly embrace is doing what bull markets alone couldn’t: pulling mainstream hedge funds deeper into crypto after years of resistance.

After years of complaints from investors, the European Commission is proposing significant changes to the bloc’s ESG fund management rules.

Apollo Global Management agreed to invest $6.5 billion in a 50% stake in Ørsted Group’s Hornsea 3, a wind-farm project.

Voya Financial reported $716 billion in defined contribution record-keeping assets for the quarter ended Sept. 30, up 29% year over year.

Roelof Botha announced he is stepping down as managing partner of venture capital giant Sequoia Capital and named Alfred Lin and Pat Grady as his successors.

FINRA accused First Trust of providing extravagant gifts to client representatives of retail broker-dealers that sold First Trust investment company securities.