Alternatives
NY State Pension Invested $2.7 Billion in Alts Just Before Market Tanked
The $210.5 billion fund invested more than $2.2 billion in private equity and no money in public equities.
Tag: New York State Common Retirement Fund
Asset Management Culture
New York Does Not Expect to Meet 6.8% Fiscal Year Target
The state pension fund is one of the only plans that ends its fiscal year in March, closing as the coronavirus pummels markets.
Pensions
NY State Pension, Coca-Cola Reach Executive Pay Deal
Beverage giant promises to bring CEO, employee compensation more in alignment.
Asset Allocation
New York Invests $800 Million into Green Bonds, Private Credit
The state pension plan is incorporating sustainable investing across asset classes.
Pensions
New York Maintains ‘Conservative Approach’ With 5.3% Third Quarter Return
The Common Retirement Fund has incrementally increased its exposure to fixed income such as cash, bonds, and mortgages.
Asset Allocation
NY to Investigate Coal Investments to See If Green Efforts Are Improving
Move is a step in the New York State Common Retirement Fund’s overall plan to decarbonize its portfolio.
Asset Management Culture
New York Appoints Its First-Ever ESG Director
Andrew Siwo will help advance the massive portfolio’s green agenda.
News
New York Pension Fund May Lower Holdings in Stocks
Concerned about downturn risk in equities, the New York State Common Retirement Fund may tilt allocation to bonds.
Asset Allocation
ESG Funding Skyrocketed in 2018
BlackRock and Vanguard continue to grow socially conscious investment vehicles.
Risk
NY State Pension Returns 3.38% in Q2
$216.2 billion retirement system also names Anastasia Titarchuk CIO.
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.