Summary
While urging a long-term view, state officials predicted Monday that West Virginia's investments will fail to reap their projected 7.5 percent return when the budget year ends June 30.
The state posted $454.9 million in net losses from its holdings in stocks and bonds during the first half of the fiscal year, according to the latest Investment Management Board report.See the full content of this document
Extract
State Investments Board Expects Short-Term Losses
The value of the state's portfolio was $10.07 billion, down 4.1 percent from the July 1 beginning of the fiscal year.
"January was terri...See the full content of this document
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