City investing com liquidating

James said she saw “little evidence” that the NYCERS hedge fund portfolio added overall value via increased returns or decreased risk. Stringer said the trustees believe an asset allocation mix without hedge funds will help NYCERS “construct a responsible portfolio that meets our long-term investment objectives.” The trustees did not vote on a revised asset allocation strategy.“We have not seen the results that we had expected,” trustee Henry Garrido said at the meeting. Garrido, who offered the resolution, is executive director of District Council 37, American Federation of State, County and Municipal Employees.The one dissenting vote came from Patricia Stryker, recording secretary, Local 237, of the International Brotherhood of Teamsters, representing Gregory Floyd, a NYCERS trustee and president of Local 237. Stryker said her union believes it would be “premature” for NYCERS to exit hedge funds now.So there could be slight discrepancies in those prices, as well as some risk.So your final cash values could be different than the closing trading price as they are truly based on the liquidation price.Two of the other four pension funds in the New York City system also invest in hedge funds. 31, the New York City Police Pension Fund had

James said she saw “little evidence” that the NYCERS hedge fund portfolio added overall value via increased returns or decreased risk. Stringer said the trustees believe an asset allocation mix without hedge funds will help NYCERS “construct a responsible portfolio that meets our long-term investment objectives.” The trustees did not vote on a revised asset allocation strategy.“We have not seen the results that we had expected,” trustee Henry Garrido said at the meeting. Garrido, who offered the resolution, is executive director of District Council 37, American Federation of State, County and Municipal Employees.The one dissenting vote came from Patricia Stryker, recording secretary, Local 237, of the International Brotherhood of Teamsters, representing Gregory Floyd, a NYCERS trustee and president of Local 237. Stryker said her union believes it would be “premature” for NYCERS to exit hedge funds now.So there could be slight discrepancies in those prices, as well as some risk.So your final cash values could be different than the closing trading price as they are truly based on the liquidation price.Two of the other four pension funds in the New York City system also invest in hedge funds. 31, the New York City Police Pension Fund had $1.04 billion in hedge fund assets out of a total $31.6 billion, and the New York City Fire Department Pension Fund had $335 million in hedge fund assets out of a total $10.36 billion.

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James said she saw “little evidence” that the NYCERS hedge fund portfolio added overall value via increased returns or decreased risk. Stringer said the trustees believe an asset allocation mix without hedge funds will help NYCERS “construct a responsible portfolio that meets our long-term investment objectives.” The trustees did not vote on a revised asset allocation strategy.“We have not seen the results that we had expected,” trustee Henry Garrido said at the meeting. Garrido, who offered the resolution, is executive director of District Council 37, American Federation of State, County and Municipal Employees.

The one dissenting vote came from Patricia Stryker, recording secretary, Local 237, of the International Brotherhood of Teamsters, representing Gregory Floyd, a NYCERS trustee and president of Local 237. Stryker said her union believes it would be “premature” for NYCERS to exit hedge funds now.

So there could be slight discrepancies in those prices, as well as some risk.

So your final cash values could be different than the closing trading price as they are truly based on the liquidation price.

Two of the other four pension funds in the New York City system also invest in hedge funds. 31, the New York City Police Pension Fund had $1.04 billion in hedge fund assets out of a total $31.6 billion, and the New York City Fire Department Pension Fund had $335 million in hedge fund assets out of a total $10.36 billion.

Among the 11 NYCERS trustees, 10 voted to get out of hedge funds.

.04 billion in hedge fund assets out of a total .6 billion, and the New York City Fire Department Pension Fund had 5 million in hedge fund assets out of a total .36 billion.

And if you follow your funds closely, you should have ample time to react to the news and adjust trading strategies.

These trustees included representatives of New York City Mayor Bill de Blasio and of city Comptroller Scott Stringer, the fiduciary for the five pension funds in the New York City Retirement Systems.

Letitia James, the New York City public advocate and the city’s second-highest ranking elected official, attended the meeting and seconded the resolution. James criticized what she said were “exorbitant” fees being paid for “high risk and opaque investments.” Ms.

Trustees of the New York City Employees’ Retirement System voted Thursday to stop investing in hedge funds and to liquidate existing hedge fund investments “as soon as practicable, in an orderly and prudent manner.”Hedge funds accounted for

And if you follow your funds closely, you should have ample time to react to the news and adjust trading strategies.

These trustees included representatives of New York City Mayor Bill de Blasio and of city Comptroller Scott Stringer, the fiduciary for the five pension funds in the New York City Retirement Systems.

Letitia James, the New York City public advocate and the city’s second-highest ranking elected official, attended the meeting and seconded the resolution. James criticized what she said were “exorbitant” fees being paid for “high risk and opaque investments.” Ms.

Trustees of the New York City Employees’ Retirement System voted Thursday to stop investing in hedge funds and to liquidate existing hedge fund investments “as soon as practicable, in an orderly and prudent manner.”Hedge funds accounted for $1.45 billion of NYCERS $51.2 billion in assets as of Jan. NYCERS is one of five pension funds in the $154 billion New York City Retirement Systems.

Each pension fund has a separate board of trustees.

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And if you follow your funds closely, you should have ample time to react to the news and adjust trading strategies.These trustees included representatives of New York City Mayor Bill de Blasio and of city Comptroller Scott Stringer, the fiduciary for the five pension funds in the New York City Retirement Systems.Letitia James, the New York City public advocate and the city’s second-highest ranking elected official, attended the meeting and seconded the resolution. James criticized what she said were “exorbitant” fees being paid for “high risk and opaque investments.” Ms.Trustees of the New York City Employees’ Retirement System voted Thursday to stop investing in hedge funds and to liquidate existing hedge fund investments “as soon as practicable, in an orderly and prudent manner.”Hedge funds accounted for $1.45 billion of NYCERS $51.2 billion in assets as of Jan. NYCERS is one of five pension funds in the $154 billion New York City Retirement Systems.Each pension fund has a separate board of trustees.

.45 billion of NYCERS .2 billion in assets as of Jan. NYCERS is one of five pension funds in the 4 billion New York City Retirement Systems.

Each pension fund has a separate board of trustees.

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