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Rifles are seen at the Sturm, Ruger & Co., Inc. gun factory in Newport, New Hampshire in this file photo taken January 6, 2012. REUTERS/Eric Thayer

NYC teacher pension pulls money from gun manufacturers: CFO
NYC teacher pension pulls money from gun manufacturers: CFO
Posted : Friday, 15 February 2013 10:37AM

NEW YORK (Reuters) - New York City's $46.6 billion teacher pension fund has pulled its money out of publicly traded firearms manufacturers, becoming the largest U.S. public pension fund to do so in response to December's school shootings in Connecticut, the city's top financial officer said on Friday.

According to New York City Comptroller John Liu, the five companies from which the fund divested are Alliant Techsystems Inc., Olin Corp., Forjas Taurus SA, Smith & Wesson Holding Corp. and Sturm, Ruger & Co.

(Reporting by Hilary Russ; Editing by James Dalgleish)

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