New York’s State Pension Commits $2B in Investments in April
Nearly $900 million has been earmarked for investments with the pension giant’s credit portfolio.
Nearly $900 million has been earmarked for investments with the pension giant’s credit portfolio.
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.
The $242.3 billion state pension fund also committed more than $600 million to alts in February.
The investment accounts for half of the $242 billion pension fund’s January commitments.
Thomas DiNapoli is calling for more accountability from portfolio firms regarding corporate diversity, equity and inclusion.
The pension fund committed nearly $500 million to real assets during the month.
Common Retirement Fund reports 8.24% loss amid volatile markets, rising inflation and war.
Previous energy sector reviews have so far led the $272 billion pension fund to divest from 55 companies.
New York State Common Retirement Fund benefits from having a fiscal year that ended before the second-quarter market slump.
The $280 billion retirement fund allocates the majority of its $4 billion in total monthly investments to real estate funds.