Newsmakers

TIAA-CREF Rebrands as TIAA

The asset-managing giant said it would aim for “simplicity, clarity, and engagement” with a shortened name.

Carlyle To Close Hedge Fund-of-Funds Arm

Just two years after acquisition, Carlyle is shutting down Diversified Global Asset Management to better focus on private equity and real estate.

Diversity—Let’s Get Real

Some of those waving the flag for equality in financial services are doing little more than paying lip service, argues Gina Miller of wealth manager SCM Direct.

Why You Do Your Job

Kip McDaniel on Harold Backer’s pyramid scheme and why this story matters to asset management.

The Departed

Princetonian, Olympian, Financier, Fugitive

CIOs Play Powerball

The winnings: $1.5 billion. The investment mandate: Whatever you want.