Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

May 12 (Bloomberg) -- The value of New York state’s pension assets climbed to a record $176.2 billion in fiscal 2014, Comptroller Thomas DiNapoli said.

The New York State Common Retirement Fund, which provides benefits to more than 1 million state and local government workers, retirees and their beneficiaries, returned an estimated 13 percent in the fiscal year that ended March 31, DiNapoli said today in a statement.

“It was a stellar year for us,” DiNapoli, the fund’s sole trustee, said in the statement. “The financial markets have given investors a wild ride the last few years, but our investment strategy has allowed us to capitalize on opportunities and minimize risks.”

Domestic stocks returned 22.3 percent while private equity rose 17.5 percent and real estate almost 19 percent, DiNapoli said. The pension has 37.7 percent of its money invested in U.S. stocks, 7.9 percent in private equity and 6.9 percent in real estate.

The fund, the third-biggest in the U.S., had about 90 percent of the cash needed to meet its obligations as of 2012, which made it the sixth-best-funded state plan, according to data compiled by Bloomberg.

To contact the reporter on this story: Freeman Klopott in Albany at

To contact the editors responsible for this story: Stephen Merelman at Alan Goldstein, Mark Schoifet

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.