(PR-inside.com) Fitch Ratings affirms the 'AAA/V1' ratings assigned to City of Colorado Springs, Colorado Investment Portfolio, a local government operating fund managed by Cutwater Asset Management (Cutwater) on behalf of the City of Colorado Springs, CO (the city).The main drivers of the fund's credit rating affirmation are the high credit quality and diversification of the portfolio's assets and the capabilities of Cutwater as investment adviser. The main drivers of the fund's volatility rating affirmation are the stability of the fund's market risk profile, as reflected by fund duration, as well as appropriate levels of liquidity relative to expected cash outflows.The fund's ..
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