gun manufacturers

Government
7:23 am
Fri December 21, 2012

IL Reviewing Pensions for Gun Investments

Illinois public pension fund managers are reviewing their portfolios for investments in gun manufacturers after last week's Connecticut school shooting. Illinois State Board of Investment Executive Director William Atwood says the agency's $12 billion portfolio includes about 84,000 shares worth $1.7 million in three gun-makers — Olin, Sturm Ruger and Smith & Wesson. Spokesman Dave Urbanek says the teachers' system is reviewing its $37 billion portfolio for connections to other gun-makers.

Read more