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Ash Williams

Rick Scott, Cabinet members OK Venezuela investment ban

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With no discussion, Gov. Rick Scott and members of the Florida Cabinet Wednesday approved a policy to forbid any investments benefiting the Nicolás Maduro regime in Venezuela. Scott, state Chief Financial Officer Jimmy Patronis and Attorney General Pam Bondi sit as Trustees of the State Board of Administration, which oversees state investments. The state currently has no investments that involve Venezuela, Ash Williams, the SBA’s executive director & chief investment officer, told reporters.

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Despite market volatility, Florida state pensions to continue record of positive gains

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In a volatile year for the stock market, Florida’s $143 billion pension fund managed to eke out a gain in the recently concluded fiscal year, keeping a positive streak alive that has extended since a 19 percent drop in 2009. Ash Williams, executive director of the State Board of Administration, which manages the fund, described the market volatility as a “circular roller coaster” in a March report to Gov. Rick Scott and the Cabinet. The ride continued through the end…

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