Permanent Wyoming Mineral Trust Fund
Country: United States
News and Updates7/18/2008
Fund helps give Wyoming state a better outlook
According to the Star Tribune, "Meyer said the increase in the Standard and Poor's bond rating, coupled with a top rating from the Sovereign Wealth Fund Institute for the transparency of the state's finances, will lead to increased investor interest in Wyoming, including foreign investors."
read more: Jackson Hole Star Tribune
Officials report: Permanent Wyoming Mineral Trust Fund not affected by sale of Bear Stearns
Wyoming investment officials say they're keeping a close eye on volatile financial markets but public investment funds would not be affected by the sudden sale of Bear Stearns. Bear Stearns avoided bankruptcy this weekend in an agreement that sold the bank to JPMorgan Chase & Co. The Wyoming State Treasurer's Office says the state's permanent funds won't be affected. The portfolio includes the Permanent Wyoming Mineral Trust Fund, the Hathaway Scholarship Endowment Fund and the State Agency Pool, among others.
read more: Montana's News Station
Wyoming State Treasurer's Office
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