Kweku Obed, CFA, CAIA
This article offers governance best practices for public sector plan sponsors to consider. The fiduciary duties imposed on state and local government employers come from each state’s own laws, whether they be state constitutional law, state statutory law that has been enacted by each state’s legislative bodies, or common law, which is based on precedents from the body of judicial decisions.
Municipal bonds remain attractive and still make sense for high net worth investors on a go-forward basis…
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