Institutional investors are making tactical portfolio changes in response to Trump’s trade, tariff policies.

Ventura County (Calif.) Employees’ Retirement Association posted a preliminary net return of 11.8% for the fiscal year ended June 30.

Franklin Electric Co., Fort Wayne, Ind., purchased a group annuity contract from Prudential Life Insurance Co. to transfer about $30 million in U.S. pension plan liabilities.

The Labor Department’s Employee Benefits Security Administration advised small businesses interested in such plans to ask about fiduciary liability.

In newly created roles, Carlyle named John Redett, Mark Jenkins, and Jeff Nedelman co-presidents.

The greatest benefit arising from the trade deal agreement between the U.S. and the European Union is the removal of uncertainties, asset managers said.

Douglas Phillips will retire as senior vice president and chief investment officer at the University of Rochester, effective ...

The former deputy chief executive officer of asset manager H2O has been banned from working in financial services and fined more than £1 million ($1.3 million) by the U.K.’s Financial Conduct ...

GIC, Singapore recorded a 3.8% annualized 20-year return for the period ended March 31, in a financial year that saw equities and U.S. exposure increase.

AllianceBernstein reported a record high of $829 billion in assets under management at the close of the second quarter.