Asset managers aren’t investing as aggressively in artificial intelligence as the hype might suggest. Despite the talk surrounding AI’s ubiquity and inevitability, new research from the Thinking Ahead ...

Since Dan Loeb founded Third Point in 1995, the firm has been known for its equity investments and especially its activism. Early on, Loeb became legendary for his acerbic letters laced with scathing ...

MSCI bought a minority stake of Burgiss Group in 2020. Now, it’s buying the remaining 66 percent of the private markets data company for $697 million in cash — a price Morningstar says was expensive ...

On the way to Cushing, Oklahoma, a young man, weary from the traffic and the chaos of the mule skinners, teamsters, and oilmen, sought refuge in a cobbled-together, unpainted saloon at the side of the ...

Despite software-as-a-service making a (modest) comeback, investors are still struggling to determine the value of these pre-AI software companies that dominated venture portfolios before the AI boom.

For the better part of the past decade, Michael Green has been on a mission. From talking to money managers to making the rounds of hedge fund idea dinners to attending conferences geared to everyone ...

One of Institutional Investor’s allocator rising stars is ascending quickly. Sohel Hussain, head of investments at Meyer Memorial Trust, is leaving the trust to launch his own non-discretionary ...

In a massive win for its outsourced chief investment officer unit, Goldman Sachs is lifting out UPS’s $43.4 billion pension portfolio — and the team that manages it. On Thursday the asset management ...

On the back of soaring energy prices, fears are rising that the global economy could be heading in a stagflationary direction – one where economic growth is weak and inflation high. On average, this ...

The lawyer behind a lawsuit brought against LSV Asset Management hopes a victory in court will benefit not only the plaintiffs but employees of other firms facing similar situations. A challenge from ...

Early last year, Alex Virolle, a Paris-based managing director at Goldman Sachs, had to make an unwelcome call to one of his superiors in New York. A talented banker who reported to him was quitting.

It is a truth universally acknowledged that Edward S. Hyman Jr. is Wall Street’s greatest living economist. And a nice guy too. The former has been documented every October since 1976 in Institutional ...