Risk
NY State Pension Returns 3.38% in Q2
$216.2 billion retirement system also names Anastasia Titarchuk CIO.
Tag: New York State Common Retirement Fund
Newsmakers
NY State, Church of England Pensions Withhold Exxon Directors Support
The funds say the oil company’s response to climate change has been ‘inadequate.’
Research
New York Common Must Have 100% Sustainable Investments by 2030, Study Urges
Six-member advisory group calls on pension plan to adopt carbon-neutral goal of Paris climate accord.
Asset Allocation
New York Appropriates $1.2 Billion in Direct and Indirect Investments
Institution continues strong focus on real estate and private equity, terminates global equity account.
Asset Allocation
New York Allocates over $1.9 Billion of Capital
Particular focus given to Asia-specific strategies.
Newsmakers
NY State Pension Reaches Agreements with Firms on Executive Pay
Microsoft, CVS, Macy’s, TJX, and Salesforce agree to revisit pay policies.
Newsmakers
NY State, Church of England Team Up on Exxon over Emissions
They lead investor group, with $19 trillion in assets, demanding the oil titan divulge greenhouse gas targets.
Poultry Pain: NY Comptroller DiNapoli Warns McDonald’s Over Chicken Care
The fast food giant must improve its treatment of chickens, or the state pension fund will sell its $300 million in Golden Arches shares.
NYS Common Retirement Fund Gains 1.53% in First Fiscal Quarter
Period was the last full quarter with Vicki Fuller as CIO.
Corporate Moves
New York State Common Announces Interim CIO
Anastasia Titarchuk will steer the huge pension fund during its chief search following Vicki Fuller’s retirement.
NY Pension Fund to Divest Private Prison Holdings
New York State Common Retirement Fund owns stakes in GEO Group, CoreCivic.
Milken: CIOs Say Divestment Isn’t the Way
To change problematic companies, institutional investors say to stay in and help restructure ESG policies.
Newsmakers
Comptroller DiNapoli Presses Pollutants on Paris Agreement Goals
NYS Common pulls shareholder requests after DTE Energy, Dominion Energy, and Southwestern Energy comply.
NYS Common Cracks Down on Corporate Board Diversity
Diversity agreements made with four Fortune 500 companies.
Newsmakers
NYS Common to Double Low-Emissions Index Exposure
DiNapoli to announce plan at Investors Summit on Climate Risk in NY