
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.
Pension plan’s investment committee votes down a second attempt from member Jason Perez to reverse its 20-year-old ban.
Shares in tobacco, booze, gambling, and the like are suffering in the pandemic era.
Coalition with nearly $5 trillion in assets under management aims to engage industry to improve gun safety.