Amid ongoing sale rumors about Russell Investments, a $513 million acquisition deal has closed between New York Life Investments and Dexia Asset Management.
One of Singapore’s sovereign wealth fund has claimed the drugs company made misleading statements on two anti-cholesterol drugs, artificially inflating the share price.
JP Morgan Asset Management’s Paul Sweeting has taken experiences from around the world and come up with the ultimate defined contribution plan blueprint.
Sovereign funds and pensions have launched satellite offices to foster in-house management, reduce agency problems, and spot new opportunities, according to a paper.