Alternatives
Senate Passes Crypto Bill With Bipartisan Support
The GENIUS Act won the support of 18 Senate Democrats and sets new compliance standards for issuers of stablecoins.
News
News
Asset Managers See Global Equities as Best Short-Term Asset
Over the next five years, a significant number of investors expect international stocks to be top performers, according to Bank of America’s June Global Fund Manager Survey.
Newsmakers
Voya Fixed-Income CIO Tips Treasury Duration, Emerging Market Assets as Offsets
Eric Stein discusses fixed-income opportunities, tariffs and geopolitical risks.
Regulation
Senate GOP Tax Plan Pulls Back on Endowment Tax, Section 899
The bill proposes slight changes to the House version and nixed some provisions, such as the private foundation tax.
Asset Allocation
LP Interest Rises in Secondaries, Private Credit
Private equity and other alternative investments take a back seat, according to Coller Capital’s latest global private capital barometer.
Opinion
The Evolution and Revolution of Active Fixed-Income ETFs
J.P. Morgan Asset Management investors examine how these funds can help integrate all corners of the bond market into allocators’ portfolios.
Asset Allocation
Easier Said Than Done: Shifting Private Foundation Assets to Offset Proposed Tax Could Prove Difficult
Liquidity needs and potential spend-downs make alternative investments a tricky tax-hike solution.
Newsmakers
Indonesia Investment Authority Appoints Co-CIOs
Andry Setiawan and Christopher Ganis will jointly oversee investments at the $10.5 billion sovereign wealth fund.
Pensions
Largest Corporate Pension Plans Add $22B in May
The funded status of the 100 largest corporate defined benefit pension plans continued rebounding from Q1 drop.
Newsmakers
Athene Names Grant Kvalheim as CEO, Makes Multiple Senior Appointments
Apollo’s retirement services arm named Co-Founder, CEO and CIO Jim Belardi as executive chair and elevated Mike Downing and Sean Brennan to co-presidents of Athene USA.
Why the GOP’s Section 899 Spooks Investors
The provision under Republicans’ broad policy bill would raise taxes on the U.S. income of foreign businesses and individuals, which investors say will hurt capital markets.
Regulation
SEC Withdraws 14 Biden-Era Rulemaking Proposals
Commission says it does not intend to issue final rules on best execution, ESG, cybersecurity and other proposals.
Pensions
PSP Investments Returns 12.6% in Fiscal 2025
The assets of the Canadian Public Sector Pension outperformed its benchmark and rose to $220 billion.
Newsmakers
Steven Toole Named Executive Director of STRS Ohio
The retirement executive and former North Carolina pension director will join the pension system in July.
Corporate Moves
BlackRock Aims for $400B in Private Market Fundraising by 2030
The manager wants to expand its alternative investment offerings to wealth managers and aims to be the world’s largest cryptocurrency asset manager.