PMA/WISC Achieves Significant Milestone – Reaching $3B in Fund Assets
PMA, a premier full-service provider of financial and advisory services to local governments, along with the Wisconsin Investment Series Cooperative (WISC), achieved a significant milestone by surpassing $3 billion in assets in WISC and its Fixed Rate Investment program as of July 13, 2022.
by Laura Fox FEATURED MARKET DATA
Soft-ish Landing?
Markets turned generally more optimistic in July as the S&P 500 reported its strongest monthly returns since 2020, and growth meaningfully outperformed value. In bond markets, credit spreads declined for investment grade companies. The lower option adjusted spread (OAS) shows investors saw less credit risk for investment grade companies in July.
by Matt Orseske 