Pensions
New York Common Fund Returns 10% in First Quarter
After maintaining a conservative allocation strategy, the pension fund took the three months ending in June to snatch up some equities.
Beverage giant promises to bring CEO, employee compensation more in alignment.
The state pension plan is incorporating sustainable investing across asset classes.
The Common Retirement Fund has incrementally increased its exposure to fixed income such as cash, bonds, and mortgages.
Move is a step in the New York State Common Retirement Fund’s overall plan to decarbonize its portfolio.
Concerned about downturn risk in equities, the New York State Common Retirement Fund may tilt allocation to bonds.
$216.2 billion retirement system also names Anastasia Titarchuk CIO.
DiNapoli seeks to increase the state Common Retirement Fund’s sustainable investments to $20 billion.