Shareholders in Invesco QQQ Trust voted to approve the fund's conversion from a unit investment trust to an open-ended structure.

Sweden’s financial watchdog has dropped its investigation into pension fund Alecta’s investments in collapsed U.S. banks, which led to major staff changes at the fund.

Mubaraki, the chief executive officer of Wafra Inc., is leaving at year-end after almost a decade leading the investment manager owned by Kuwait’s state pension agency.

A federal magistrate judge in Jacksonville, Fla. has rejected a $2.3 million class-action settlement offered by Nemours Foundation to participants in its 403(b) plan, saying the agreement failed to ...

PIF is a unique institution, with a mandate to drive Saudi Arabia’s economic development and diversification while also generating sustainable financial returns.

The Maine Public Employees Retirement System, Augusta, reduced its fossil fuel investment exposure to 5.4% of total system assets for the fiscal year ended June 30, down from 6% for the year-ago ...

BlackRock, State Street Investment Management and J.P. Morgan were among the firms approved to launch dual share classes.

Bridgewater Associates founder Ray Dalio and BlackRock are joining a growing list of companies and wealthy individuals who are putting money into one of President Donald Trump’s signature programs.

Aaron DiCenzo has been named chief investment officer of the $105 billion Ohio State Teachers Retirement System.

Mark Delaney, CIO at Australia’s largest superannuation fund AustralianSuper, will step down from his role next June.

Aaron DiCenzo has been named chief investment officer of the $105 billion Ohio State Teachers Retirement System.

Blackstone has teamed up with almost 80 different partners as the alternative asset manager looks to tap into the ranks of Europe’s wealthy investors while navigating its balkanized patchwork of ...