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St. Petersburg Times: Florida state investment chief says transparency was a big issue for lawmakers in 2011

St. Petersburg Times: Florida state investment chief says transparency was a big issue for lawmakers in 2011

BY AARON SHAROCKMAN, Times Staff Writer

Facing criticisms about the handling of the state’s $130 billion investment portfolio, the executive director and chief investment officer of the State Board of Administration tried to reassure Gov. Rick Scott that everything is fine.

The back-and-forth between SBA executive director Ash Williams and Scott came Tuesday during a meeting of the Cabinet in which Scott asked about transparency in dealing with the investments of about 1 million current and future retirees.

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