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Macro Finance

New York City’s Five Pensions Gain 13% on Surging US Stocks

Bloomberg Markets·August 12, 2026·1 min read

New York City’s five pensions beat their investment target over the past fiscal year, propelled by a record-breaking US stock market. The gains exceeded expectations, driven by strong equity performance, though specific figures and fund names were not disclosed in the report.

Read at Bloomberg Markets
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