Stephanie Hunt lights a Marlboro cigarette while posing for photos at a Smoker Friendly shop in Pittsburgh. Through outside investment managers, CalPERS has money in tobacco and other “sinvestments.”
Stephanie Hunt lights a Marlboro cigarette while posing for photos at a Smoker Friendly shop in Pittsburgh. Through outside investment managers, CalPERS has money in tobacco and other “sinvestments.” Gene J. Puskar AP
Stephanie Hunt lights a Marlboro cigarette while posing for photos at a Smoker Friendly shop in Pittsburgh. Through outside investment managers, CalPERS has money in tobacco and other “sinvestments.” Gene J. Puskar AP

The State Worker

Chronicling civil-service life for California state workers

How far should CalPERS go to make profitable investments?

April 05, 2016 11:15 AM