“Wisconsin’s investment board has always been innovative,” he said. “This is a fully funded pension fund so in a way, they have the luxury of being able to invest for the long term. They don’t need to worry as much about liquidity as, say, the pension fund for the state of Illinois, which is only funded at 50% of its level,” he added.
ABOUT AUTHOR
CATEGORIES
- Banksy’s stab-proof vest, made famous by British rapper Stormzy, sold for £780,000
- ExxonMobil-led consortium will continue seismic gas exploration off Crete, says Greece By Reuters
- Mercedes-Benz car sales fall in third quarter due to weaker demand According to Reuters
- Qatar will write off loans to boost private sector growth By Reuters
- Australian stock markets rise at close of session; The S&P/ASX 200 rose 0.43% According to Investing.com
- Fragrance and flavor maker Givaudan beats third-quarter sales forecast due to strong demand. According to Reuters
- Seven & i may set up a holding company for non-core assets, says Yomiuri By Reuters