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, ...

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

Global Infrastructure Partners has closed on $25.2 billion in commitments for its Global Infrastructure Partners V fund.

As the clock ticks down on the pause of U.S. tariffs, asset managers expect to see continued caution from investors and ongoing allocations away from the U.S. and dollars.

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 ...