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

Vanguard Group, BlackRock, State Street Investment Management, Fidelity Investments and T. Rowe Price had the most U.S. institutional tax-exempt assets under management as of Dec. 31, according to ...

Hedge fund investors, fed up with paying billions of dollars in opaque fees, are starting to fight back — with their wallets.

Neuberger Berman launched its first interval fund, focused on private asset-based credit, as alternative asset managers look to raise more capital from retail investors.

Apollo Global Management plans to double its assets under management in India to $4 billion over the next three years, as it looks to capitalize on the booming private credit market.

A coalition of eight trade organizations focused on medical, public health and community welfare is calling on the Oklahoma Supreme Court to ensure the independence of board members for the $2 billion ...

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.

A federal court judge in Newark, N.J., has thrown out a complaint against Honeywell International and its fiduciaries over a 401(k) plan forfeiture policy, saying the lawsuit was so deficient that the ...

Morningstar reported that active ETFs amassed $42 billion in inflows in July. Active ETFs now represent more than 50% of all U.S.-listed ETFs.

Prior to the KU Endowment, Kasia Karapuda most recently was director of investments for the $1.3 billion endowment of Oberlin College and Conservatory in Ohio.

TPG is helping to seed a new investment management firm called Vanara Capital that will invest in growth-stage technology companies.

Continued ownership structures favored by private equity firms in a challenging exit environment could make it harder for larger sponsors to pursue new deals.