The Metropolitan Water Reclamation District of Greater Chicago's strong financials and independent governance are key strengths that have staved off the credit hits suffered by Chicago and other local governments, says Moody's Investors Service.
The article reports on the search for emerging managers by Chicago, Illinois' 994 million U.S. dollar Metropolitan Water Reclamation District Retirement Fund to manage a 16 million U.S. dollar large-cap growth equity portfolio and split a 15 million U.S. dollar large-cap value portfolio....