Newsmakers
ExxonMobil Dodges Dual-Role Bullet Once Again
New York Common, Church of England funds voice their frustrations with the oil titan in proxy vote.
Tag: New York State Common Retirement Fund
NY State Pension Misses Target with 2019 Return of 5.3%
Private equity helps raise fund’s asset value to $210.2 billion.
Newsmakers
NY State, Church of England Pensions Withhold Exxon Directors Support
The funds say the oil company’s response to climate change has been ‘inadequate.’
NY Pension’s Fossil Fuel Divestment Efforts Facing Stalwart Opposition
Opponents of the bill cite New York’s potential influence on the rest of the country.
Research
New York Common Must Have 100% Sustainable Investments by 2030, Study Urges
Six-member advisory group calls on pension plan to adopt carbon-neutral goal of Paris climate accord.
Regulation
New York State Comptroller Calls Out 4 More Companies on Board Diversity
Common Retirement Fund has now filed shareholder demands against 33 businesses.
New York Closes Out Year with over $15 Billion in Transactions
Private equity sees the biggest contributions, with more than $7 billion committed.
Asset Allocation
New York Appropriates $1.2 Billion in Direct and Indirect Investments
Institution continues strong focus on real estate and private equity, terminates global equity account.
Asset Allocation
New York Allocates over $1.9 Billion of Capital
Particular focus given to Asia-specific strategies.
Newsmakers
NY State Pension Reaches Agreements with Firms on Executive Pay
Microsoft, CVS, Macy’s, TJX, and Salesforce agree to revisit pay policies.
Newsmakers
NY State, Church of England Team Up on Exxon over Emissions
They lead investor group, with $19 trillion in assets, demanding the oil titan divulge greenhouse gas targets.
Poultry Pain: NY Comptroller DiNapoli Warns McDonald’s Over Chicken Care
The fast food giant must improve its treatment of chickens, or the state pension fund will sell its $300 million in Golden Arches shares.
NYS Common Retirement Fund Gains 1.53% in First Fiscal Quarter
Period was the last full quarter with Vicki Fuller as CIO.
Corporate Moves
New York State Common Announces Interim CIO
Anastasia Titarchuk will steer the huge pension fund during its chief search following Vicki Fuller’s retirement.
NY Pension Fund to Divest Private Prison Holdings
New York State Common Retirement Fund owns stakes in GEO Group, CoreCivic.