Virginia Retirement System Terminates One Manager, Commits to Two Others
CIO Ronald Schmitz also expects private equity returns
to be a bit stronger than hoped.
CIO Ronald Schmitz also expects private equity returns
to be a bit stronger than hoped.
The investment manager sees opportunities in quality
bank paper, municipal bonds and agency mortgage-backed securities.
Some investors, including Temasek and PIMCO, are
seeing value in U.S. Treasuries.