State Investments Still Gaining

Summary


West Virginia lawmakers should not have to worry about offsetting public investment losses when they craft a budget next year, according to state officials and the latest available figures.

While November has been rocky for Wall Street, West Virginia's investment portfolio has beaten expectations since the budget year began July 1.

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State Investments Still Gaining

The state Investment Management Board aims for a long-term return of 7.5 percent. The board's pools began the month with budget-year- to-date earnings estimate...

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