Rob Kozlowski

A default is unlikely, but congressional negotiations to raise the debt ceiling are likely to go down to the wire, said PIMCO's Daniel J. Ivascyn.

Lawrence H. Summers said the most important indicator for the U.S. economy over the next two to three months will be the Employment Cost index.

The challenging markets in 2022 were long overdue, said Aswath Damodaran of the Stern School of Business at the Morningstar Investment Conference.

Scott Boyle was named managing director, co-head of consultant relations at Marathon Asset Management.

PPG Industries Inc. purchased a group annuity contract in March to transfer $309 million in U.S. pension plan liabilities to insurance companies.

Miami Firefighters' and Police Officers' Retirement Trust created a new target for core infrastructure and increased its target to private debt.