Asset Allocation
NY State Pension Commits Over $2 Billion for Private Equity, Real Estate
The Common Retirement Fund also earmarks investments in absolute return and credit.
The Common Retirement Fund also earmarks investments in absolute return and credit.
The credit ratings agency downgraded the state one notch, to A-, and gave it a negative outlook.
The state pension plan is incorporating sustainable investing across asset classes.
Job growth, debt, and general economic sluggishness weigh on the laggards, Conning says.