RIVERSIDE - Riverside County Treasurer-Tax Collector announces a significant milestone as its investment pool reached a peak of $17 billion in assets under management and retained FitchRatings AAAf/S1 ratings on August 1, 2024. This achievement underscores the county's steadfast commitment to prudent financial management and responsible stewardship of public funds. FitchRatings’ 'AAAf' rating indicates the highest underlying credit quality (or lowest vulnerability to default). The 'S1' rating indicates a very low sensitivity to market risk."We are thrilled to have reached this milestone of $17 billion in our investment pool," said Matthew Jennings, Riverside County’s Treasurer-Tax Collector. "It is a testament to our diligent investment strategies and the confidence placed in us by
