NY pension fund drops oil holdings on Iran; Move may send a 'message' to other US funds

摘要

New York-The New York state employee pension fund is shedding $86.5 million in investments in leading non-US oil and gas companies due to their reported investments in Iran and Sudan, as officials in California also step up action against investments in Iran. "As of yesterday, the action was to notify managers to sell (positions)" in the companies, Robert Whalen, a spokesman for New York state Comptroller Thomas DiNapoli, said July 1. "We're not buying them."