World’s largest publicly traded hedge fund manager
Harvard University’s endowment has posted a strong fiscal year 2026 performance, driven by a 27.1% return and a new SpaceX stake, while federal policy changes threaten future funding. The endowment totals near $68 billion, surpassing the S&P 500 in its period gains.
Meiji Yasuda Life Insurance has taken a 5% stake in London-listed Man Group, marking its first major overseas asset-manager investment. The deal values Meiji Yasuda’s stake at about £179 million, with plans to entrust around £200 billion to Man Group over the next three years. The two firms will co-develop products, and Man Group becomes a preferred asset manager for Meiji Yasuda.