New York pension commits $38m to China-focused funds

New York pension commits $38m to China-focused funds

Shanghai, China. Source: Denys Nevozhai/Unsplash

The New York State Common Retirement Fund (NYSCRF) approved more than $38 million in capital commitments to China-focused investment funds in March, according to an investment report by Thomas P. DiNapoli, the state comptroller of the $248 billion pension fund.

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