Shareholders in Invesco QQQ Trust voted to approve the fund's conversion from a unit investment trust to an open-ended structure.

Sweden’s financial watchdog has dropped its investigation into pension fund Alecta’s investments in collapsed U.S. banks, which led to major staff changes at the fund.

Mubaraki, the chief executive officer of Wafra Inc., is leaving at year-end after almost a decade leading the investment manager owned by Kuwait’s state pension agency.

Big pension deals have fueled BlackRock’s OCIO growth. Now the manager is finding opportunities beyond traditional markets. While BlackRock’s outsourced CIO business is well-established, the team is ...

PIF is a unique institution, with a mandate to drive Saudi Arabia’s economic development and diversification while also generating sustainable financial returns.

The Maine Public Employees Retirement System, Augusta, reduced its fossil fuel investment exposure to 5.4% of total system assets for the fiscal year ended June 30, down from 6% for the year-ago ...

Caroline Pham, acting chair of the CFTC, will join cryptocurrency firm MoonPay once her replacement is confirmed.

Aaron DiCenzo has been named chief investment officer of the $105 billion Ohio State Teachers Retirement System.

Chris Eckerman was named vice president, direct and co-investments at the $60 billion Texas Permanent School Fund.

A federal magistrate judge in Jacksonville, Fla. has rejected a $2.3 million class-action settlement offered by Nemours Foundation to participants in its 403(b) plan, saying the agreement failed to ...

Bridgewater Associates founder Ray Dalio and BlackRock are joining a growing list of companies and wealthy individuals who are putting money into one of President Donald Trump’s signature programs.

BlackRock, State Street Investment Management and J.P. Morgan were among the firms approved to launch dual share classes.