From therepublic.com -New Mexico's permanent funds dropped in value by more than $1 billion during the past quarter because of a downturn in global financial markets. The latest report to the State Investment Council shows the Land Grant Permanent Fund had assets valued at $9.5 billion at the end of September, down more than a $1 billion from the previous quarter. More News New Mexico
NM's Permanent Funds Decline over $1B
Posted by
Rachel Pulaski
on Tuesday, November 22, 2011
Labels:
Economics,
New Mexico News
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