Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

By Ramsey Scott
Wyoming Tribune Eagle-WNE 

Wyoming could switch its investment strategy

 

November 14, 2018



CHEYENNE – While Wyoming has benefited recently from massive gains from the financial market, the state may shift its investment strategy to a more conservative approach for the state’s checking account.

The potential change would be to Wyoming’s State Agency Pool, also known as SAP, which is a combination of money from more than 400 state agency accounts pooled for investment. Investment income from the pooled resources are distributed back to a specific state agency or into the state’s general fund.

Instead of looking for higher investment returns from the SAP, Wyoming would focus...



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