Alternatives
New Jersey to Cut Its Hedge Funds in Half
Pension fund plans to boost Treasury bonds, private equity investments.
The state pension fund is only surpassing its 10- and 20-year goals, falling short over other periods.
Wednesday’s rally helped recover some broad US equity losses, acting director of investment says.
Acting chair says the shoemaker’s shares have been strong, and the fund ‘decided to not take a position’ on controversial campaign due to the organization’s ESG policy.