CalSTRS opts to engage assault weapon retailers, not immediate divestment

CalSTRS opts to engage assault weapon retailers, not immediate divestmentThe pension fund has already divested from firearms manufacturers, but the board said that with retailers, it preferred to take a high-profile engagement strategy. “Unlike other CalSTRS engagements, where our staff practices quiet diplomacy, this plan advances a more public approach, to leverage the public pressure that has been mounting in this country in response to recent tragic gun violence,” said Harry Keiley, CalSTRS’ Investment Committee Chair.



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