Experts say regulations adopted last month will not be easy to meet without added resources and focus.
Nominations for the 2023 CIO Industry Innovation Awards are now being accepted in various categories.
The returns are expected to reduce the city’s required contributions to the pension systems by approximately $550 million over the next five years.
Research awards were also granted to papers covering climate risk and sustainable investing.
Despite the loss, the fund’s AUM grew to approximately $595 billion thanks to a 4% share transfer from Saudi Aramco.
A report sees higher rates and a weakening economy pushing firms into bankruptcy or restructurings.