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re: Who are Louisiana's biggest "in state" money managers

Posted on 8/15/23 at 2:08 pm to
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1634 posts
Posted on 8/15/23 at 2:08 pm to
LAMP manages north of $2B. It's basically a money market fund, but it's big and manages a ton of municipalities and such.
Posted by secfballfan
Member since Feb 2016
3112 posts
Posted on 8/15/23 at 2:11 pm to
100% of LAMP is managed by American Beacon out of Irving Texas..and the users pay 19.5bps or about double a Vanguard MM fund...FWIW
This post was edited on 8/15/23 at 2:16 pm
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