Pensions
New York Maintains ‘Conservative Approach’ With 5.3% Third Quarter Return
The Common Retirement Fund has incrementally increased its exposure to fixed income such as cash, bonds, and mortgages.
Tag: Thomas P. DiNapoli
Asset Allocation
NY to Investigate Coal Investments to See If Green Efforts Are Improving
Move is a step in the New York State Common Retirement Fund’s overall plan to decarbonize its portfolio.
Risk
New York Cuts Investment Return Assumptions to 6.8%
DiNapoli says a ‘more conservative approach’ needed for lower return environment.
Risk
NY State Pension Returns 3.38% in Q2
$216.2 billion retirement system also names Anastasia Titarchuk CIO.
Newsmakers
New York Comptroller Aims to Double Pension Plan’s ESG Funding
DiNapoli seeks to increase the state Common Retirement Fund’s sustainable investments to $20 billion.
Regulation
Institutional Investors Call for Workplace Disability Inclusion
Only 29% of working age Americans with disabilities are employed.
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.
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.
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.
Newsmakers
Comptroller DiNapoli Presses Pollutants on Paris Agreement Goals
NYS Common pulls shareholder requests after DTE Energy, Dominion Energy, and Southwestern Energy comply.
NYS Common Cracks Down on Corporate Board Diversity
Diversity agreements made with four Fortune 500 companies.
Research
NYS Common Retirement Fund Cracks $200 Billion
Strong equities helped drive fund in fiscal Q3.
Newsmakers
NYS Common to Double Low-Emissions Index Exposure
DiNapoli to announce plan at Investors Summit on Climate Risk in NY
Cuomo Calls on Common Retirement Fund to Cease Fossil Fuel Investments
New York governor will partner with Comptroller DiNapoli to form fund advisory committee.