Pension fund hires nonprofit veteran Veena Ramani as firstdirector of stewardship, among other additions.

After a punishing 2022 ended on a slight upswing, allocators posted a 4.1% increase in this year’s first period, per a Northern Trust study.

Three-month T-bills are yielding more than the five-year Treasury.

Kruse had worked at Willis Towers Watson for more than 15 years before joining Mercer in 2021.

Certain hedge fund and private equity fund advisers will now have to report to the SEC specific triggering events.

The three plans will receive more than $600 million for back payments and to protect their solvency through 2051.

The April scrapping of a 2017 ban cleared the way for the likes of Blackstone to join the S&P 500.

Economist and Wharton School professor Jeremy Siegel likes stocks as the safest investment this year.