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

Posted on 8/15/23 at 3:53 pm to
Posted by secfballfan
Member since Feb 2016
3006 posts
Posted on 8/15/23 at 3:53 pm to
The answer used to be Iberia Bank, according to an investment manager over there that I know. But they are no longer Louisiana based since they merged up.

That's the issue- the lack of any significant money being managed locally in LA. Even TAF money is farmed out to local RIA's who send it to Blackrock.
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 8/16/23 at 12:54 am to
quote:

Even TAF money is farmed out to local RIA's who send it to Blackrock.


Come on, if we’re going to disqualify a local firm for using blackrock ETFs, we just as soon knock them for buying Apple, a Californian company.
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