Latest news with #StevenMeier
Reuters
4 days ago
- Business
- Reuters
New York pension scheme weighs year-end review of asset allocation, FT reports
June 4 (Reuters) - New York City's public pension system is weighing an increase in its overseas investments at a review slated for the year-end due to rising uncertainty from U.S. policy changes, the pension scheme's investment chief told the Financial Times in an interview published on Wednesday. U.S. President Donald Trump's policies have taken investors on a rollercoaster ride over recent months since he took charge. In May, U.S. stocks recorded their biggest rally of any month since November 2023, but that was after global indexes had cratered under the barrage of Trump's tariff announcements through February, March and early April. International diversification was a "benefit to a portfolio . . . particularly coming off of a time when the U.S. has really outperformed and portfolios are so dominant in U.S. dollar assets," Steven Meier, chief investment officer for the New York City pension systems, told the FT. He added, however, that any asset allocation changes would be incremental and U.S. markets would continue to dominate the portfolio. The New York City pension systems, collectively the third-largest public pension plan in the U.S., last carried out a major asset allocation review in 2023, which was implemented last year, the report said. Such reviews are normally carried out every three to five years.
Yahoo
03-04-2025
- General
- Yahoo
Pueblo asking for public input on Arkansas River plan
(PUEBLO, Colo.) — The City of Pueblo Parks and Recreation Department, along with the Pueblo Conservancy District, are asking for public input on a plan to include enhancements of the Arkansas River Corridor from Pueblo Lake Dam to Runyon Lake. The Pueblo City Park and Arkansas River Corridor Plan has 12 primary goals for the development of the master plan, including enhancing the corridor for recreational use, improving water quality and wildlife habitat in the corridor, improving trail access and circulation for pedestrian and bicycle use, and identifying gaps in the trail system. There is a questionnaire online for groups who use the Arkansas River Corridor, from citizens to special interest groups like outdoor enthusiasts and preservationists. 'Public feedback and suggestions are important to us, and we are inviting the public to suggest ideas regarding the development of the Pueblo City Park and Arkansas River Corridor Plan through a survey,' said Director of Pueblo Parks and Recreation Steven Meier. 'We have information on our website to help keep the community updated about the plan and to continue to receive feedback.' The City of Pueblo and Pueblo Conservancy District will host community open houses as the project progresses. The Pueblo Parks and Recreation Department plans to have design alternatives in May for the public to give feedback on. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
