Pensions
CalPERS Rejects Reinvesting in Tobacco Again
Pension plan’s investment committee votes down a second attempt from member Jason Perez to reverse its 20-year-old ban.
Tag: Firearms
Sin Stocks, Once Heavenly Performers, Now Are Damned
Shares in tobacco, booze, gambling, and the like are suffering in the pandemic era.
Regulation
Connecticut Moves to Embrace ‘First-of-its-Kind’ Gun Divestment Policy
State treasury plans to divest from civilian gun manufacturers to mitigate the national gun violence crisis.
Newsmakers
Institutional Investors Launch Firearms Industry Framework
Coalition with nearly $5 trillion in assets under management aims to engage industry to improve gun safety.