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Aon Investments and Claire Shaughnessy settle SEC charges for misleading Pennsylvania Public Employees’ Pension Fund on risk share miscalculation
Posted: January 25, 2024
The Securities and Exchange Commission announced today that charges had been settled with Aon Investments USA and the consultant’s former [Read More]
Federal Trade Commission launches inquiry into tech giants’ generative AI investments and partnerships
Posted: January 25, 2024
The Federal Trade Commission disclosed today that it had issued orders to Alphabet, Amazon.com, Anthropic, Microsoft and OpenAI to provide [Read More]
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Chatham Asset Management sues ACA for $100M over compliance issue in its settlement with the SEC
Posted: January 25, 2024
Anthony Melchiorre’s Chatham Asset Management is suing Adviser Compliance Associates for $100 million to cover its cost in settling with [Read More]
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Closing: Asia Genesis Macro Fund
Posted: January 23, 2024
Singapore-based Asia Genesis Asset Management is shutting down its macro fund following its 18.8% plunge in early January. Losses were [Read More]
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Sustainable funds hit with investor redemptions in 2023 – first annual outflow
Posted: January 22, 2024
Sustainable funds experienced $5 billion in investor outflows in Q4 2023 and $13 billion for all of 2023. Morningstar described [Read More]
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