By one estimate, CalPERS has missed out on $3 billion in financial returns by refusing to buy tobacco stocks. But the pension giant decided Monday to stick with the ban despite a recommendation from its staff that the ban be relaxed. Dale Kasler The Sacramento Bee
By one estimate, CalPERS has missed out on $3 billion in financial returns by refusing to buy tobacco stocks. But the pension giant decided Monday to stick with the ban despite a recommendation from its staff that the ban be relaxed. Dale Kasler The Sacramento Bee

Business & Real Estate

CalPERS opts to keep ban on tobacco stocks

December 19, 2016 1:24 PM

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