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"It would be irresponsible for us to ignore factors that can fundamentally impact the long-term viability of investments," said CalPERS interim Chief Investment Officer Dan Bienvenue of climate risks.
June 13 -
A city council committee received staff recommendations to fully fund the Police and Fire Pension System within 30 years.
May 28 -
Since war broke out on Oct. 7 between Israel and Hamas, over $1.64 billion of Israel bonds have been sold to more than 35 U.S. states, counties, cities and municipalities.
April 9 -
The city is offering $567.6 million of debt in competitive sales Thursday as rating agencies keep a close eye on pension funding progress.
April 2 -
The initiative proposed by business interests would amend California's constitution to prevent the state from approving tax increases without a two-thirds majority vote of the Legislature and voter approval.
March 22 -
It's a color-coded controversy about how far the fight over ESG and green investing precepts will affect public finance this year, with the latest skirmishes involving Bank of America and New York and New Hampshire.
February 6 -
"Preserving a livable planet and a thriving economy will require a collective global commitment both to the phase-out of fossil fuels and to massive new investments," said New York Comptroller Brad Lander.
December 21 -
The higher returns offered by alternatives also carry higher risk.
November 30 -
"Wokeism" in public finance is an increasingly popular talking point among conservatives.
November 7 -
Surpassing $150 million in total investments, New York, Illinois, Pennsylvania, Texas, Ohio, Arizona and Georgia have joined Florida, Miami-Dade and Palm Beach counties and Miami Beach in supporting Israel financially in the wake of the deadly terror attacks by Hamas.
October 19