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News Brief

Aug. 5, 2013Maryville, MO |  By: Holley

NW Investments

The Northwest Missouri State University Board of Regents has agreed to hire an investment management company to manage the University's assets.

Vice President of Finance, Stacy Carrick says PFM Asset Management, of St. Louis will look at the university's current investment policy, evaluate the risk tolerance levels and invest the university's funds.

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Carrick says the university may have to make some revisions to it's investment policy and wait for current investments to expire before officials can transition funds to PFM Asset Management.