
Newsmakers
New York Common Retirement Fund Invests Over $2.7 Billion in March
Pension giant commits nearly $1.2 billion in credit investments and $1 billion in private equity funds.
The Common Retirement Fund also earmarks investments in absolute return and credit.
The Common Retirement Fund allocates nearly half of the month’s commitments to real estate investments.
These vital physical assets are a steady-returning opportunity that American pension programs under-utilize, fans say.
DiNapoli seeks to increase the state Common Retirement Fund’s sustainable investments to $20 billion.
New York Common, Church of England funds voice their frustrations with the oil titan in proxy vote.
Private equity helps raise fund’s asset value to $210.2 billion.
Opponents of the bill cite New York’s potential influence on the rest of the country.
Common Retirement Fund has now filed shareholder demands against 33 businesses.