New York State Common Retirement Fund
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New York State Common posts 4.13% loss in quarter
trueNew York State Common Retirement Fund, Albany, returned -4.13% for the three months ended Sept. 30, the second quarter of the pension fund’s fiscal year.
N.Y. State Common wants help finding broker-dealers for internally managed assets
trueNew York State Common Retirement Fund is looking for a brokerage search firm to provide the $182.5 billion pension fund with “a continuously … updated and vetted pool of broker-dealers to perform execution services” for certain internally managed funds.
N.Y. State Common drops BlackRock, consolidates U.S. equity index funds
trueNew York State Common Retirement Fund created a single $56.4 billion domestic equity index fund pegged to the Russell 3000 index by consolidating assets of four domestic equity index funds.
New York State Common puts $4.8 billion with 8 managers
trueNew York State Common Retirement Fund made a total of up to $4.8 billion in investments or commitments in August and September.
Oracle sued by New York State Common over political funding
trueOracle Corp. was sued by a New York pension fund over allegations the company is withholding information about its political donations.
Largest pension fund investors in First Data deal
trueKKR's First Data Corp. finally made its initial public offering debut this week, receiving net proceeds of $2.5 billion on the sale of 160 million shares. The company had hoped to raise between $2.8 billion and $3.2 billion.
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 ...