Connecticut state Treasurer Shawn Wooden, who oversees $37 billion in public pension funds, will announce Tuesday plans to reallocate $30 million worth of shares in civilian firearm manufacturer securities, while banning similar, future investments and creating incentives for banks and financial institutions to enact gun-related policies. If ultimately approved by an advisory board, it will […]
On Nov. 7, 2018, the California State Teachers’ Retirement System (CalSTRS) announced that it will be divesting from two U.S. publicly-held companies that operate private prisons. Then, on Nov. 14, 2018 CalSTRS announced it is part of a coalition representing $4.83 trillion in assets that joined together to promote five principles for a responsible firearms […]
2012 gun massacres prompt pension fund's move.