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Pensions
New York City Pension Funds Report Calls 2023 ‘Difficult Year’ for Shareholder Proposals
Climate-related initiatives struggled due to a ‘well-funded backlash’ from conservative interest groups.
Climate-related initiatives struggled due to a ‘well-funded backlash’ from conservative interest groups.
New York State Common Retirement Fund benefits from having a fiscal year that ended before the second-quarter market slump.
He succeeds Michael Haddad to become the first permanent CIO of NYCRS since Alex Doñé left in December.
A reduction would help the pension system better match projected investment returns.