A report details CalSTRS policy of engaging fossil fuel companies rather than dumping their stock, which it sees as a last resort and potentially harmful to the portfolio.
Pantheon’s Shepherdson finds that need for hiring amid solid economic growth calmed worries.
Seeking value amid low rates, rising risk and political uncertainty
Record-low rates negate plans’ 15.66% investment return for the year.
Proposed reductions would affect nearly half of plan’s 51,000 participants.
Keystone State pension program chief honored for public defined benefit plan between $20 billion and $100 billion.