Northwell Health has agreed to settle a 5-year-old lawsuit by paying $2.75 million to address allegations of federal law violations in its 403(b) plan.

Ontario Municipal Employees Retirement System, Toronto, returned a net 2.2% for the six-month period ended June 30.

The BlackRock Investment Institute finds that top-end hedge fund managers have been delivering more alpha since 2020 and argues for increasing allocations to hedge funds.