Bar investments remain vibrant.
Investment Committee Chair Ian Comisky reported to the Board of Governors in late May that the Bar's investment account totaled $15.748 million, up from $14.277 million at the start of the 2003-04 fiscal year.
Gyrations in the financial markets had dropped the fund's value as low as $15.3 million, Comisky said, while it had peaked at just over $16 million.
He noted the Investment Committee had shifted Bar investment to cushion the impacts of changes in the financial markets, which has helped preserve Bar earnings.
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|Publication:||Florida Bar News|
|Date:||Jul 1, 2004|
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