NY CRF taps FTSE and HSBC for environmental indexes

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US - The New York State Common Retirement Fund (CRF) has hired FTSE Environmental Technology 50 and HSBC Global Climate Change Index to invest a combined US$200m in green equity investments, the pension scheme announced.

The assets are part of CRF's Green Strategic Investment Program which was set up last year to invest $500m over three years. The funds are managed internally and CRF staff will invest in companies ...

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