NY Pension Shifts Global Equity Assets to Alts
The New York State Common Retirement Fund has also committed $2 billion to a climate transition index.
Pensioenfonds Detailhandel, citing new FTSE-BlackRock benchmark, cuts nearly one-third of its public equities.
Plans look to lock in gains by shifting to fixed income investments.
Scott Stringer says city’s five pension funds want to shun the kingdom following Khashoggi murder.
Move expected to bring initial passive inflows of $10 billion.
Aggregate deficit falls to £29 billion at the end of May.