New York City Comptroller Brad Lander unveiled today a new interactive website that allows pension beneficiaries and the public to view asset allocation and performance for the City’s five public pension funds which guarantee retirement security for city workers.
Missouri state treasurer Scott Fitzpatrick announced Tuesday that the state employees pension fund had pulled all its equity holdings managed by BlackRock Inc.
Many nonprofit investors, investment advisors and managers agree that an active equity strategy that can invest in China is the key to capturing returns above U.S. equities.