The Exxon Vote: Pension Supporters Stay Onboard to Advance Change
CalPERS, CalSTRS, and NY Common helped push through outside directors at the oil leviathan, rather than unload its shares.
Tag: New York State Common Retirement Fund
Pensions
Market Rebound Spurs Record 33.55% Return for NY State Pension Fund
Equities helped boost the investment portfolio’s asset value by more than $60 billion to $254.8 billion.
Alternatives
NY State Pension Fund Commits Over $1.3 Billion in Investments in March
Nearly half, or $650 million of its monthly allocation, went toward real estate funds.
Pensions
NY State Pension Commits to $400 Million in Sustainable Investments
The majority of commitments were for the world’s largest dedicated greenfield renewable energy fund.
Pensions
NY State Pension Restricts Oil Sands Investments
The $247.7 billion fund has its sights set on shale oil and gas companies next.
Asset Management Culture
NY State Pension Fund Strikes Climate Deals with Five Companies
Comptroller DiNapoli drops shareholder resolutions in exchange for commitments to greenhouse gas reductions.
Pensions
NYC Pension Funds Rebound After Missing Fiscal 2020 Target
The city’s five pension systems have returned an estimated 18% in the first seven months of fiscal 2021.
Asset Allocation
NYS Pension Fund Calls for Civil Rights Audit on Amazon
State comptroller calls for third-party audit to asses how retail giant’s policies affect equity, diversity, and inclusion.
Asset Management Culture
New York State Pension Fund Aims to Be Carbon Net Zero by 2040
The $226 billion Common Retirement Fund joins other institutional investors in following the Paris Agreement’s targets.
Infrastructure Boosts Canadian Plans, Why Not US Ones?
These vital physical assets are a steady-returning opportunity that American pension programs under-utilize, fans say.
Asset Allocation
New York State Pension Fund Returns 6.2%
The state retirement system broadly outperformed US pension funds in the third quarter.
Alternatives
New York State Pension Doubles Down on Alternatives
C-band spectrum, collateralized loan obligations, and solar and wind power are among the largest allocations the fund made in September.
Manager Selection
Judge Rules Sterne Agee Analyst Complicit in NY Pension Pay-to-Play Scheme
John Paulsen planned ski trip for New York state pension fund fixed-income director in exchange for business directed to firm.
Alternatives
New York State Pension Expands into Real Estate, Absolute Return
Commercial real estate in the Nordic region, suburban garden style apartments in the US are among the $565 million in bets the pension fund placed in August.
Newsmakers
New York Pension Plan Names Navyug Patel Deputy Investment Chief
He is taking the spot vacated by Anastasia Titarchuk, who now is the program’s CIO.