Wall Street quants and leading financial academics are clashing over whether artificial intelligence has upended one of the core principles of systematic investing.

In a Cerulli survey of institutional asset owners for the quarter ended March 31, 60% of endowments said their top concern when allocating to private markets was illiquidity.

Fox Hedge, a roughly $5 billion fund created for Apollo Global Management, is a highly complicated investment vehicle that pushes the boundaries of just how creative the titans of private capital can ...

The Atlanta-based university was the first known higher education institution to invest in a spot bitcoin ETF following the release of its 13F filing for the quarter ended Sept. 30.

Australian pension fund Vision Super has divested its shareholding in G8 Education Ltd. following allegations that children were sexually abused at a center run by the early learning services provider ...

The Trump administration asked a federal court, for the third time, to extend its pause on the challenge to the Labor Department’s fiduciary rule.

Nemours Foundation, a nonprofit operator of children’s hospitals and medical services, will pay $2.3 million to settle a lawsuit alleging mismanagement of its 403(b) plan due to excessive ...

University of Maine System, Orono, approved the termination of the Capital Group-issued American Funds Europacific Growth Fund from its $2 billion employee defined contribution plan line up.

Marking 20 years since founding Leading Edge Investment Advisors, President and CEO Clayton Jue has watched emerging manager programs evolved since their infancy in the 1990s — particularly that ...

Industrywide move to passive funds may be behind the downward shift in actively managed bonds, experts say.

Australia’s financial regulator is suing A$70 billion ($46 billion) superannuation fund Mercer Super, accusing it of failing to report multiple investigations into serious member services issues.