Against its benchmarks, the city was still up 32 basis points.Rod Babineau, senior leader of investments at the City of Calgary, explained to council that the invasion of Ukraine in February 2022 caused turbulence in the markets.
He said it amounted to a double whammy in which both fixed-income investments and equity investments took hits, when one class of investments often offsets the other.Article content
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر: