Tag: New York Common

The easy answer is a rebounding economy. But that’s not the sole factor, a Northern Trust Asset Management study finds.

The pension made the move after a racial discrimination lawsuit led to a $130 million verdict in punitive damages.

CalPERS, CalSTRS, and NY Common helped push through outside directors at the oil leviathan, rather than unload its shares.

Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.