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California Lawmakers Urge Pension Funds to Halt Russia Investments
Reuters 
Aug. 13, 2013 "Top Democrats in the California Senate [have] asked the state's multibillion-dollar public employee pension funds to refrain from making future investments in Russia, adding their voices to protests against restrictions on gay rights there. A proposed resolution... urges [CalPERS] and [CalSTRS] to halt investments in Russia until the issue is resolved. CalPERS, the largest employee pension system in the nation, has $266 billion invested around the globe, of which $1.4 billion is invested in Russia." |
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