Democratic state treasurers said they are concerned with developments at the SEC and criticized Elon Musk’s new $1 trillion pay package at Tesla.

Over the past year, the $1.5 billion endowment of Rochester, N.Y.-based university increased its exposure to international and domestic equity, while it trimmed private equity and real assets.

Asset manager giant Amundi will take a 9.9% stake in private markets firm ICG, anchoring a new long-term partnership that includes an exclusive global distribution deal for wealth clients.

The SEC issued an order on Nov. 17 to allow Dimensional Fund Advisors to launch dual ETF share classes of 13 mutual funds.

CalPERS’ board approved the adoption of a total portfolio approach, making it the first U.S. public pension fund to fully embrace the strategy.

While most U.S. college and university endowments lagged their one-year benchmarks, many outperformed over 10 years.

Australia’s sovereign wealth fund warned that the risk of shocks across the global economy is rising and has bolstered its holdings of gold, actively managed stocks and hedge funds as potential ...

Alternative asset manager Clearlake Capital Group has entered into a definitive agreement to acquire Pathway Capital Management.

CalPERS’ board approved the adoption of a total portfolio approach, making it the first U.S. public pension fund to fully embrace the strategy.

British Columbia Investment Management Corp. has formed a joint initiative with Quantum Algorithms Institute to advance “post-quantum readiness." ...

Abdiel A. Santiago, the chief investment officer and chief executive officer of Fondo de Ahorro de Panama, the sovereign wealth fund of Panama, will step down.

Collective investment trusts have stretched their lead over mutual funds as a target-date vehicle, with fees, flexibility and familiarity playing roles in the former’s forging ahead.