Newspaper article from our research archive:

Massachusetts Officials Debate Ways to Manage Pension Fund.

By David Dagan, The Sun, Lowell, Mass. Knight Ridder/Tribune Business News

Oct. 4--The state's pension fund will bring home some of its $28 billion investment power with a new program intended to spur business and housing development in Massachusetts, while continuing to aim for good returns.

A strategy for "economically targeted investments" (ETIs) recently approved by the fund's board could steer up to 2 percent of its $28 billion in assets -- some $550 million -- into the state's economy, with an emphasis on sectors that have had trouble attracting capital.

The first likely step will be the deposit of $200 million to $500 million in general Treasury ...

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