Investment firm tells North Riverside trustees portfolio returned above benchmarks, recommends extending duration
Gary Arshnath of Capital Gains reported that the village's bond portfolio returned roughly 2.86% fiscal and about 4.54% calendar year compared with blended benchmarks, and recommended extending average maturity to lock in ~4% yields while retaining liquidity for cash needs.
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Gary Arshnath of Capital Gains presented the village's investment performance and strategy, saying last year’s portfolio outperformed its blended benchmark and describing a proactive approach to locking in current yields.
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