Top economist Mohamed El-Erian made predictions about the U.S. economy and Federal Reserve in a Twitter Spaces with P&I editor Jennifer Ablan.

Washington University in St. Louis reported its $15.3 billion managed endowment pool returned 65% for the fiscal year ended June 30.

Mr. Musk's lawyers moved to dismiss a class-action lawsuit led by Oklahoma's firefighters' pension fund over the mogul's late disclosure of his growing stake in Twitter.

Blackstone announced the close of its largest real estate fund, Blackstone Real Estate Partners X, at $30.4 billion.

DoubleLine Capital's Jeffrey Gundlach argues that the Fed is trapped and that now is the time to look at risk assets.

FTX Ventures acquired a 30% interest in SkyBridge Capital, with SkyBridge using part of the proceeds to buy $40 million in cryptocurrencies.

Cryptocurrency exchange-traded funds are coming to America.

Vanguard Group clients are alleging the firm is breaching its fiduciary duties by doing less than its industry peers to mitigate climate risk.

Sen. Bernie Sanders and Democratic lawmakers reintroduced a bill to extend the solvency of Social Security for 75 years.

Sweden's biggest pension fund, Alecta, sold all of its shares in struggling U.S. lender First Republic Bank at a loss of $728 million.

The FDIC has taken over Silicon Valley Bank, a high-profile lender to venture capital firms and startups.

Northern Trust Corp. has acquired an equity stake in Essentia Analytics, a behavioral analytics and consulting services firm.

Exclusive interview: Daniel Michalow is feeling vindicated and eager to talk about his four-year odyssey through arbitration with hedge fund firm D.E. Shaw.

Duke University's endowment returned 55.9% for the latest fiscal year, bringing its assets to a record $12.7 billion.

The banking crisis, higher interest rates, more expensive debt and low returns could result in some venture capital firms being unable to raise new capital.

Hedge fund managers using AI technology say it’s important to separate the hype from the reality.

In an exclusive interview, Bridgewater's chief investment strategist discusses how the world's largest hedge fund is counseling clients as the Fed battles inflation.

HFR's fund-weighted composite index return was down 4.25% in 2022, with only its broad macro index producing a positive return.

The SEC proposed a rule that would forbid entities that create asset-backed securities from taking positions against those very products.

Bernie Madoff documentary features interviews with Erin Arvedlund.

Government Pension Fund Global's negative return was equivalent to a record loss in monetary terms of $166.2 billion.

BlackRock and Blackstone are among the money managers under scrutiny by the SEC over record retention of electronic communications.

Joyce Rosely and Robert Melton were both named executive vice president, co-head of institutional sales at Strive Asset Management.

CalPERS is investigating its indirect exposure to cryptocurrencies in its private equity portfolio, including its public index holdings.

CalPERS has just $67 million of losses in Silicon Valley Bank and $11 million in Signature, CIO Nicole Musicco said.

Investors' appetite for private credit shows no signs of abating. But there's reason for caution, some say.

Ken Griffin's Citadel churned out a record $16 billion in profit for clients last year, outperforming the rest of the industry.

A coalition of unions at the University of California is calling for the university to divest from a $4 billion commitment to Blackstone.

Five Kentucky state pension funds reported returning at least 21.7% for the fiscal year, exceeding their benchmarks.

To celebrate the inaugural Influential Women in Institutional Investing program, P&I leaders, guests and honorees gathered to ring the closing bell.

A new paper from retirement experts shows Black and Hispanic women face greater economic challenges.

The former president of Northern Trust Asset Management has launched a private equity firm to invest in lower middle-market U.S. companies with diverse ownership.

In a first, Houston Firefighters' Relief and Retirement Fund purchased $25 million in bitcoin and ether.

Tulane University's $1.4 billion pooled endowment returned a net 35.8% for the fiscal year ended June 30.

University of Virginia Investment Management Co. returned a gross 49% for the fiscal year that ended June 30.

Policymakers exerting pressure to close or freeze U.S. public pension plans because their funding ratios are less than 100% are misguided.

State Street’s acquisition of Brown Brothers Harriman’s Investor Services unit will push the bank to the top of the list of asset servicers.

Corporate ESG professionals are worried about an "increasingly divisive environment" despite companies' recognition of the financial benefits.

The Senate passed a $1.7 trillion year-end spending bill that includes a landmark retirement package now headed to the House.

Plan sponsors should be seeking the best outcomes for plan participants based on the participants' goals, not their own.

The fallout from Silicon Valley Bank has spread to Sweden's largest pension group after the fund more than doubled its holdings in the Californian bank during the past year.

Iowa Public Employees' Retirement System, returned a net 29.6% for the fiscal year ended June 30, outpacing its benchmark.

HFR reported just 71 new hedge fund launches in the third quarter, the least since the fourth quarter of 2008.

Bridgewater Associates founder Ray Dalio warned that Silicon Valley Bank's failure shows cracks widening in global finance.

Louisiana is pulling $794 million from BlackRock Inc. funds over the asset-management giant's views on ESG investing.

House lawmakers passed a joint resolution to nullify the Labor Department's rule allowing retirement plans to consider ESG in selecting investments.

CalPERS is investigating its indirect exposure to cryptocurrencies in its private equity portfolio, including its public index holdings.

Dartmouth College's $8.5 billion endowment returned 46.5% for the fiscal year ended June 30.

The U.K. has behaved like a developing economy in response to the government's planned tax cuts, according to economist Mohamed A. El-Erian.

Simiso Nzima was named managing investment director of global equity at the California Public Employees' Retirement System.

Iowa Public Employees' Retirement System saw its funding ratio grow to 88.3% and its unfunded actuarial liability fall to $4.9 billion.

A new class at Stanford University will address the $120 trillion in assets that most people on earth have never even heard of, Ashby Monk said.

Two lawmakers introduced a bipartisan bill to make the Federal Reserve's inspector general presidentially appointed and Senate-confirmed.

Participants in six 401(k) plans sued their employers for allegedly violating ERISA by offering an underperforming BlackRock target-date fund series.

BondBloxx Investment Management taps Tony Kelly, former global head of product and strategy for ETF business at GSAM, as co-founder.

Investment opportunities stemming from energy transition are becoming clearer, making it possible for investors to build portfolios.

Loop Capital acquired Taplin, Canida & Habacht from BMO Global Asset Management to build out its fixed-income capabilities.

Sapna Shah was named as a new managing director at Angeles Investment Advisors.

The world's biggest pension fund reported $340 billion in stock-fueled investment gains, lifting its portfolio value to $1.69 trillion.

University of Kansas' $2.2 billion endowment returned a net 37.1% for the fiscal year ended June 30, well above its benchmark return of 29%.

President Joe Biden unveiled his proposed fiscal year 2024 budget that includes measures to quadruple the tax on stock buybacks and close the "carried interest loophole."

Hedge fund managers benefited from a much better investment environment in the year ended June 30, managers said.

S&P Global Ratings will cease to include new ESG credit indicators in its reports or updating existing scores, effective immediately.

Grayscale notified the court overseeing its case against the SEC of a development the company says helps its argument for allowing spot bitcoin ETFs.

A key goal of diversity is to ensure all aspects of cognitive thought are taken into account to enhance decision-making — but not all money managers have included neurodivergence in those efforts.

Institutional investors' expenses have declined over five years due to lower external money management fees, according to a Callan survey.

Record keepers are facing pressure on a number of fronts, but building better systems and better tools will produce better outcomes for all.

Vivek Ramaswamy, executive chairman of Strive Asset Management and the latest GOP presidential candidate, is an outspoken critic of ESG.