
Pensions
UC Investments Reaps Big Returns From Index Fund Shunning Fossil Fuels, Tobacco
Some $1.3 billion of the University of California’s $16 billion fiscal 2024 investment gain came from one S&P 500 index fund.
Investment from $152 billion manager comes one month after BREIT had a run on withdrawals.
Renewable sources like wind and solar may not be enough. Pension plan investors weigh the odds.
Samuel Kunz and Ronnie Swinkel add responsibilities after three top people leave.
CIO also made it clear there will be no new investments in oil and gas-related commodity funds.