Wednesday, May 19, 2010

POLITO FEATURED ON "LEFT AHEAD" PODCAST

Karyn Polito was a guest on the "Left Ahead" Podcast earlier today.

Please click on the following link to read about her interview and to listen to audio:

http://www.leftahead.com/?p=382

Monday, May 17, 2010

POLITO ANNOUNCES POLICY PLAN ON SMARTER INVESTMENT OF STATE PENSION FUNDS

Karyn Polito released a policy paper today announcing that, if she is elected Treasurer, she will pursue a more aggressive use of index funds to maximize return on pension investments at decreased cost to Massachusetts.

Moving pension funds away from active management will save the state money on investment fees and help to make pension investments more profitable over time. Over the past ten years, the rate of return of pension fund investments in domestic equities – which make up about a quarter of the entire pension fund investment portfolio and which were actively managed through much of that time – was actually less than the overall performance of the Russell 3000 stock index.

Please click on the following link to view the policy paper: A Smarter Investment Strategy For Our Pension Funds.