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The GENIUS Act won the support of 18 Senate Democrats and sets new compliance standards for issuers of stablecoins.
The bill proposes slight changes to the House version and nixed some provisions, such as the private foundation tax.
The assets of the Canadian Public Sector Pension outperformed its benchmark and rose to $220 billion.
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.
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.
The funded status of the 100 largest corporate defined benefit pension plans increased by $22 billion in May.
CHIEF INVESTMENT OFFICER NextGen are allocators who stand to become chief investment officers themselves someday....
J.P. Morgan Asset Management investors examine how these funds can help integrate all corners of the bond market into allocators’ portfolios.
Private equity and other alternative investments take a back seat, according to Coller Capital’s latest global private capital barometer.
