Steve Wymer's Institutional Treasury Management lost $174 million. Investors were mainly:

Question

Quizplus · Accepted Answer

Municipalities and government agencies are the most likely investors in institutional treasury management, as they typically have large amounts of cash reserves that need to be managed for the long term. Teachers with retirement funds and individuals with private mutual funds would be less likely to invest in this type of strategy, and individual investors with IRAs would not have access to institutional-level investment options.

Steve Wymer's Institutional Treasury Management Lost $174 Million