NM Adopts Plan to Boost State Investment Returns
A New Mexico state panel approved a redesigned allocation for the Land Grant and Severance Tax permanent funds, reducing equity exposure from about 61 62 percent toward 55 percent and shifting toward fixed income and alternatives including private equity. The move aims to dampen volatility and push toward an 8 percent long term average to sustain education and government operations. The funds, valued around 9.5 and 3.7 billion dollars respectively, posted mixed quarterly results with higher equity-driven gains over the past year.
MENTIONED IN THIS ARTICLE
Santa FE
New Mexico
State Investment Council
Charles Wollmann
Scenic loop drive reopens at Carlsbad Caverns NP fire
Carlsbad Caverns National Park reopens the Walnut Canyon Desert Drive after a lightning sparked wildfire burned over 16000 acres of grass and shrubs. The main cave is open but backcountry trails remain closed and 450 firefighters continue to monitor the New Fire area for safety.
MENTIONED IN THIS ARTICLE
Carlsbad Caverns National Park
Walnut Canyon Desert Drive
Carlsbad Caverns
New Mexico Park
Social Security Checks Stolen on North Michigan Avenue
Police reported three Social Security checks totaling 4715 dollars were dispatched to the 1600 block of North Michigan Avenue on Wednesday. Unlawful Telephone activity prompted a police response to the 5600 block of South Main Street for harassment. Officers also responded to the 1400 block of Hoagland Street on Wednesday.
MENTIONED IN THIS ARTICLE
North
Michigan Avenue
South Main Street
Hoagland Street
Suspect Charged In Harassment Case In Encanto Drive Incident
Police say a suspect faced charges for using a telephone to terrify and harass a minor. The 3000 block Encanto Drive report involved weeks of threatening texts to the victim, whose mother reported the messages. Crimestoppers at 1 888 594 TIPS offers anonymity and possible rewards for information.
MENTIONED IN THIS ARTICLE
Encanto Drive
Decade of Discovery symposium gathers 100 scientists
In Albuquerque a Bureau of Land Management symposium marks the National Landscape Conservation System’s 10th anniversary. The Decade of Discovery brings together about 100 scientists to discuss fossil discoveries and native plant restoration as the event runs from Tuesday through today.
MENTIONED IN THIS ARTICLE
Albuquerque
Bureau of Land Management
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