Magaziner: Financial market volatility contributed to 0.28% state pension investment loss

(Updated, 4:48 p.m.) PROVIDENCE – Pointing to the currency crisis in Europe and China’s economic slowdown, Rhode Island’s general treasurer says volatility in the financial markets contributed to the 0.28 percent loss on the state’s pension investments last year. The $7.5 billion portfolio, for the most part, performed well in areas where the state had…
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