BlueFlame AI seeks to implement artificial intelligence in the workflow of asset managers and asset owners.
Transactions in Q1 totaled just under $1.3 billion, a fraction of the $15.3 billion worth of deals during the year-ago quarter.
Of the largest 100 corporate DB plans, none had a funded status less than 75%, according to Milliman’s annual corporate pension funding status.
The big tech companies’ previous cost cutting boosted profits, but that stimulus is abating, per a bank study.