New York State Common Retirement Fund benefits from having a fiscal year that ended before the second-quarter market slump.
Former NYC mayor cites gunmaker investments held by the state’s two largest pension funds.
Protesting working conditions at the e-commerce giant’s warehouses, the city and state funds urge no votes on reelecting board members.
The public pension funds join a growing number of institutional investors pulling their money out of Russia.
The pension made the move after a racial discrimination lawsuit led to a $130 million verdict in punitive damages.
Many tipped employees are suffering financially, Tom DiNapoli says, and need better pay.
CalPERS, CalSTRS, and NY Common helped push through outside directors at the oil leviathan, rather than unload its shares.
Equities helped boost the investment portfolio’s asset value by more than $60 billion to $254.8 billion.