State pension funds should be barred from considering social and environmental factors in their investment decisions, a conservative association said in a push for new state legislation that would clash with the financial industry’s efforts to focus on greener investments.
Recommendation to increase fund’s private equity target allocation will follow a review of its asset allocation later this year after receiving a review of its private equity portfolio in the first quarter.
Most institutional investors expect subpar returns from the U.S. stock market this year amid inflation and concerns regarding the ongoing Russia-Ukraine war, according to a recent survey.
University on track to divest its endowment of all private investments in fossil fuel companies over the next thirteen years, according to a new report.
Fund is reviewing a request to consider a potential hedging program for its exposure to oil made at its board meeting last week due to the commodity’s volatility.