HARTFORD, Conn. (AP) — Massachusetts Treasurer Steve Grossman has directed the state pension fund to review any investments in gun, ammunition and other companies in response to the killings last week of 20 children and six adults in a Connecticut elementary school.
Grossman stopped short of calling for divestment in gun companies. He said it's the duty of the $51 billion fund to maximize investment returns for retirees, but he said the violence in Newtown should force policymakers at all levels to make changes.
He said Wednesday he was motivated by "the physical, emotional and moral outrage, the collective shudder, the outpouring of emotion and anger and frustration" that immediately followed the killings at Sandy Hook Elementary School.
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