Maryland Pension System Makes No Effort To Keep Its Investments At Home

A new national study found that many state pension systems over-invest in their own states and lose money, But Maryland is not one of them. The study, published earlier this month by two faculty members at Northwestern University’s Kellogg School of Management, looked at whether state pension systems seemed to be biased toward making investments in their own states. The study found that when states keep their pension investment dollars close to home, they tend to lose more.

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