For the world’s largest asset owners
March 10, 2023
Biden Budget Proposes End to Carried Interest, Higher Tax on Buybacks

The proposal would repeal the carried-interest provision and 1031 exchanges.

Two Banks’ Stumbles Underscore Larger Dilemmas for the Industry

The prospect of a recession has cooled investor sentiments favoring financials.

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Council of Institutional Investors Names CalSTRS Manager as Board Chair

Aeisha Mastagni, who works on sustainable investing at the pension fund, has previously served as a CII director.

Alaska Bill Seeks to Revive Defined Benefit Pension

Bipartisan legislation is intended to attract workers to fill state job vacancies.

TRENDING: Australian Regulator Accuses Mercer Super of Greenwashing

The nation’s Securities and Investments Commission is suing the pension fund for allegedly misleading members about sustainability.

TRENDING: What Is the Special Financial Assistance Program?

And what does the federal program for struggling multiemployer plans mean for the future of defined benefit plans?

Editorial: CIOeditors@issmediasolutions.com
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