Hawaii’s largest public pension fund, which has been playing catch-up to dig out of a $14.6 billion shortfall, has achieved what is believed to be the best fiscal- year performance in its 95-year history.
New York City police unions that hold partial control over how their members’ pension money is invested are planning to pull out of a consortium of other city pension funds that Comptroller Scott Stringer has credited with considerably augmenting their return on investment.
The southbound Bond Connect is the latest example of how Beijing is supporting Hong Kong as a financial hub, even as it asserts tighter political control.
Brad Lander, the Democratic nominee for Comptroller, is all but certain to win the general election this fall in the overwhelmingly Democratic city after prevailing in a competitive primary earlier this year.