By Jerry Love, LBF Communications
ALEXANDRIA – Despite market volatility in recent months, positive return numbers greeted the Trustees of the Louisiana Baptist Foundation at its regular quarterly meeting July 31 at the Louisiana Baptist Building in Alexandria.
Travis Morehart of Shreveport chaired the morning Investment Committee, Wayne Hunt of Houma headed the Operating Committee, and Board President Cornelius Tilton of New Orleans presided over the afternoon meeting of the full Board of Trustees.
The morning started with the Investment Committee hearing a report on the LBF investment returns from Lee Morris of Graystone Consulting. The current investment environment continues to be one of low rates and low return, Morris said.