Asset Management Law360 provides breaking legal news and analysis on the asset management industry. Coverage includes litigation, policy developments, and corporate deals involving investment firms, mutual funds, hedge funds, bond funds, pension funds, and real estate investment trusts.
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Latest News in Asset Management
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July 08, 2026
Baxter International permanently defeated a proposed class action claiming the relatively low returns of the medical products company's employee retirement plan were evidence of mismanagement, after an Illinois federal judge ruled Tuesday the allegations only show the stable value fund in the plan "may not have been best in class — nothing more."
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July 08, 2026
If Citigroup thinks now is a good time to expand its "financial empire" with a major acquisition, its already-mammoth size and past compliance troubles should make it think again, the top Democrat on the U.S. Senate Banking Committee told the bank on Wednesday.
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July 08, 2026
State securities regulators have joined investors and asset managers in urging the U.S. Securities and Exchange Commission not to adopt a semiannual reporting structure, arguing the move away from quarterly reporting by publicly traded companies could lead to more insider trading and accounting fraud.
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July 08, 2026
Avant Natural Resources, advised by Kirkland & Ellis LLP, revealed Wednesday the Denver-based energy investment firm closed its latest fund at its hard cap after raising over $1 billion in total equity commitments.
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July 08, 2026
Former property owners seeking surpluses from Wayne County tax foreclosure proceedings got a partial restriction of the county's settlement practices when a Michigan federal judge ruled Tuesday that former owners must be notified of a pending constitutional challenge before the county seeks releases beyond state law claims.
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