Here is a weekly round-up of news and opinion on the pension issue. Stay informed on this important issue and pass these on to neighbors and colleagues.
CALIFORNIA NEWS
CPP Investments to acquire common stock in California Resources Corporation through Aera Energy Merger
https://www.news-journal.com/cpp-investments-to-acquire-common-stock-in-california-resources-corporation-through-aera-energy-merger/article_8cb3f671-33b4-5ef6-bca2-7c9121fdcaaf.html
Santa Barbara county pension plan drops small-cap manager
https://www.pionline.com/pension-funds/santa-barbara-county-pension-plan-drops-small-cap-manager
NATIONAL NEWS
NYC pension funds pushing RBC to disclose clean energy funding
https://www.benefitscanada.com/news/cir-news-news/new-york-city-pension-funds-pushing-rbc-to-disclose-clean-energy-funding/
US public pension funds sensitive to market correction, per Fitch Report
https://www.ai-cio.com/news/us-public-pension-funds-sensitive-to-market-correction-per-fitch-report/
US pension funds worth $1.5T add risk through leverage
https://www.businessnorth.com/news_from_other_media/us-pension-funds-worth-1-5-trillion-add-risk-through-leverage/article_d0a380e0-c6af-11ee-b758-876156dd53ab.html
Will the mayor’s pension working group seriously tackle the problem?
https://www.chicagotribune.com/2024/02/08/opinion-chicago-pension-working-group/
Largest US Pension loads up on chip stocks
https://www.baystreet.ca/stockstowatch/17129/Largest-US-Pension-Loads-Up-On-Chip-Stocks17129