In The News

For state pensions, funded status has increased, but meeting return expectations may still be a challenge.

Pennsylvania’s beleaguered pension fund for educators has hired yet another outside law firm — this time to consider suing the consulting firm that admitted botching a key profits calculation.

J.P. Morgan’s Securities Services business announced today the launch of “Fusion by J.P. Morgan,” a data platform that delivers end-to-end data management and reporting solutions for institutional investors.

U.S. pensions’ allocations to Russian assets are limited, but plans are responding to the conflict by considering their long-term approach.

Germany’s Allianz said on Wednesday it would set aside another $2 billion as it braces for the outcome of U.S. regulatory investigations into a multibillion-dollar trading debacle at its funds arm.

BDC Capital is ramping up efforts to bring in institutional investors as partners, as the Canadian government-owned venture capital firm seeks to increase its footprint in fast-growing industries such as clean tech.