New York State Common Retirement Fund
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DiNapoli: Wall Street profits strong in first half of year; uncertainty for final 6 months
trueDespite a strong first half for Wall Street profits, the second half of 2015 faces uncertainty due to recent stock market volatility and “global economic turmoil,” New York state Comptroller Thomas DiNapoli said Tuesday.
New York State Common earmarks $1.3 billion for 10 funds
trueNew York State Common Retirement Fund made 10 new commitments totaling about $1.3 billion.
New York State Common wants firm to conduct fiduciary review
trueNew York State Common Retirement Fund, Albany, is searching for a firm to conduct a fiduciary and conflict-of-interest review of the $182.5 billion pension fund, said a notice posted on the website of state Comptroller Thomas DiNapoli, the sole trustee of the pension fund.
New York State Common lowers assumed rate of return, decreases employer contributions
trueNew York State Common Retirement Fund, Albany, is lowering its assumed rate of return to 7% from 7.5%, said Nikki Jones, spokeswoman for Thomas DiNapoli, state comptroller and sole trustee of the $182.5 billion pension fund.
New York State Common pension fund returns 0.52% in quarter
trueNew York State Common Retirement Fund, Albany, recorded a return on investment of 0.52% for the three months ended June 30, the first quarter of the pension system's fiscal year.
Public pension funds taking a new look at return assumptions
trueConcerns about the investment horizon are leading executives at some public pension plans to scale back or consider reducing their assumed rate of return.
BlackRock, Ceres create ESG governance guide for institutional investors
trueBlackRock teamed up with Ceres to create a guide for U.S. institutional investors on engaging with companies and policymakers on sustainability issues, the two institutions announced Thursday.
New York State Common posts 7.16% return for fiscal year
trueThe New York State Common Retirement Fund returned an estimated 7.16% on investments for the fiscal year ended March 31.
Large pension fund fiduciaries fire back at share-buyback policies
trueThe chief financial officers of two large states and two large cities on Wednesday issued an open letter in their role as pension fiduciaries criticizing the practice of share-buybacks by corporations and questioning whether companies “are adequately reinvesting for sustainable returns over the ...
Pension funds take different sides on political lobbying proposal at Aetna
trueAetna Inc. shareholders face voting Friday on a New York State Common Retirement Fund proposal calling for the company to disclose spending on political lobbying, and pension funds are lined up on different sides of the issue.
N.Y. State Common emerging managers director to return to Illinois Municipal fund
trueRosalinda Vasquez will return June 15 to the Illinois Municipal Retirement Fund, Oak Brook, as investment officer, emerging managers program and total portfolio, pending completion of a pre-employment review, said John Krupa, spokesman for the $34.9 billion pension fund.
New York State Common slates $1.37 billion for 5 managers
trueNew York State Common Retirement Fund, Albany, made $1.37 billion in commitments or investments, said Matthew Sweeney, a spokesman for state Comptroller Thomas DiNapoli, the sole trustee of the $181.7 billion pension fund.
New York State Common slates $940 million for 5 managers
trueNew York State Common Retirement Fund, Albany, made new hires or commitments totaling $940 million, a recently released transaction report said.
2 companies expand board diversity policies following N.Y. State Common proposals
trueThe New York State Common Retirement Fund, Albany, reached agreements with Monster Beverage Corp. and Standard Pacific Corp. on revisions of policies to expand diversity in choosing members of the corporate boards, Thomas DiNapoli, the state comptroller and sole trustee of the $181.7 billion ...
New York comptrollers call on SEC to enforce climate change disclosures at companies
trueNew York state Comptroller Thomas DiNapoli and New York City Comptroller Scott Stringer on Friday said the SEC should “consider enforcement and other actions” to make fossil-fuel companies improve disclosure of “material risks” that climate change “poses to their business.”