Investments for the State of Nevada Post Strong Returns According to the state treasurer, investment returns for the state’s general portfolio have quadrupled since 2015. In addition, the local government investment pool (LGIP) returns are up nearly 20 times as much as they were in fiscal year 2015. As of the end of March, the general portfolio returned nearly $24 million to … [Read more...] about Around the State: June 2018
Local Government Investment Pool
Nevada’s Treasurer’s Office: From Education Savings Accounts to Investing State Funds
As State Treasurer, my office was asked to administer the Educational Savings Accounts (ESAs). We acted expeditiously to establish rules for the program, which we completed over a year ago. With the help of the Attorney General’s office, we fought two lawsuits, finally ending up at the Nevada Supreme Court. Though the Court didn’t like the way the ESA’s were funded, the … [Read more...] about Nevada’s Treasurer’s Office: From Education Savings Accounts to Investing State Funds