Asset Allocation
U.S. Large-Cap Equities Drive Mass PRIM’s 11.4% Return in 2023
The Massachusetts state pension fund fell just short of its benchmark, as its asset value grew to more than $100 billion.
The Massachusetts state pension fund fell just short of its benchmark, as its asset value grew to more than $100 billion.
But the Massachusetts state pension fund missed its benchmark’s return by nearly 300 bps.
Pension fund hires nonprofit veteran Veena Ramani as first director of stewardship, among other additions.