You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


Mass. state pension fund strong in 2012

Investments outpace S&P 500 benchmark; performance led by global stocks

The Massachusetts state pension fund performed even better than a strong stock market and added nearly $5 billion to its assets in 2012, rebounding from flat investment results the previous year.

The $51.9 billion pension fund posted a gain of 13.9 percent on its investments for last year, state officials said Tuesday. The broad Standard & Poor’s 500 stock index rose 16 percent in 2012. The Pension Reserves Investment Management board, which oversees the state fund, said its return outpaced an internal benchmark by 0.84 percent.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week