EQUITIES: BlackRock, Brandes Reductions, Goldman Increases at New York State CRF

Posted on 10/21/2014


The New York State Common Retirement Fund (CRF), during the middle of 2014, chopped US$ 900 million from four asset managers specializing in global equity. The pension giant reduced its allocation by US$ 300 million from BlackRock Russell 2000 index fund. In addition, US$ 200 million each was reduced from Morgan Stanley’s EAFE strategy, Brandes […]