- Dec 12, 2000
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From the Twitter thread:
State of Kentucky's Teachers Retirement System was the second-largest shareholder for Sberbank of Russia (The largest bank in Russia).
Their position dropped 95% in value from $13MM to $778K
…
What's even more interesting is that the top-3 institutional holders in that Russian bank are all from Kentucky.
…
Both the retirement system and Todd Asset bought their shares the quarter ending March 2017 according to their filings. Right at the same time that KY rushed through a bill to build an aluminum plant.
So…who is Todd Asset Management LLC???
Team
Our portfolio managers own a majority of the firm’s equity and are committed to remaining trusted partners for our clients.
www.toddasset.com
Edit: Appears to be fake news. I got duped! Twitter is lame.
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