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October 10, 2022
Louisiana Divests Nearly $800 Million from BlackRock to Protect Fossil Fuel Industry

Treasurer John Schroder calls ESG investing a threat to democracy and individual liberty.

Public’s Cash Stash Will Cushion a Downturn? Maybe Not

Economist Shepherdson says Americans’ savings already has been whittled down.

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Senate Passes $900B Defense Bill That Restricts Investment in China
South Korea looks to Australia, Singapore for Next Sovereign Wealth Fund
Canadian Pension Giant Expects Carbon-Neutral Internal Ops by 2023
The $392 billion CPPIB also said it will nearly double its investments in green and transition assets by 2030.
PBGC Provides Financial Assistance to Struggling Metal Workers Pension
The Sheet Metal Workers Local Pension Plan from Massillon, Ohio, will receive nearly $29 million in assistance after over a year of partial payouts to beneficiaries.
IFSWF Admits New Members Among its Global Sovereign Wealth Fund Network

The London-based International Forum of Sovereign Wealth Funds approved one new full member and three new associate members to its global network.

Trending: After a Record-Setting 2021, Private Debt Fundraising Declines in First Half of 2022

Private debt fundraising has stagnated in the first half of 2022 amid an economic backdrop of rising rates, and a slowdown of global growth.

Trending: SEC, CFTC Fine 11 Financial Firms Nearly $2 Billion for Recordkeeping Failures

The regulators say the violations impeded their ability to conduct investigations.

Editorial: CIOeditors@issmediasolutions.com
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