New York, NY – APFC was awarded the 2021 Best Places to Work in Money Management by Pensions & Investments this week.
Rising to meet the challenges presented in 2021, APFC’s staff continued to excel becoming more empowered to optimize the workplace to best suit their strengths, while building a stronger Corporate culture. Having closed the 2021 fiscal year at an all time high value, earning record returns of 29.73% for the period, APFC is viewed as one of the largest, most effective, and globally-positioned sovereign wealth funds in the nation. The Alaska Permanent Fund Corporation is committed to safeguarding and investing the assets of the Permanent Fund, and in our service to Alaska and our partners around the world, APFC remains united on our shared values of integrity, stewardship and passion.
“It is incredibly humbling to have our team acknowledged by Pensions & Investments as a Best Place to Work.” said Chad Brown, APFC’s Director of Human Resources. “As only the 2nd public fund and the only Sovereign Wealth Fund in the US to have won, I couldn’t be more proud of every member of our team who brings a deep commitment and passion to their work. I couldn’t think of a better group of people with whom to surround myself.”
APFC was well equipped to adapt to changes at the workplace and support staff who are able to choose between working entirely in the Juneau office, entirely remotely or on hybrid schedules. Staff are empowered to choose the best work-life balance, for themselves which has resulted in happier teams who have worked collectively to exceed the overall return goals for the Corporation.
Pensions & Investments, the global news source of money management, partnered with Best Companies Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees. The award was decided based on the results of the P&I 10th-annual survey and recognition program, dedicated to identifying and recognizing the best employers in the money management industry.
“Now in its 10th year, P&I’s Best Places to Work in Money Management spotlights the unique ways that employers build healthy and thriving work cultures,’’ said Executive Editor Julie Tatge. “This year was no different. The 100 firms profiled in our Dec. 13 issue grappled with myriad challenges posed by the pandemic and met them, helping ensure that their employees felt supported and able to do their best work.’’
The first part of the award process consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies.
To read Pensions & Investments’ Best Places to Work in Money Management APFC write-up, visit https://www.pionline.com/Reprint-PI6659AlaskaPermanent.
About the Alaska Permanent Fund Corporation
The Alaska Legislature created the Alaska Permanent Fund Corporation in 1980 as an independent state entity tasked with the mission to manage and invest the assets of the Alaska Permanent Fund and other funds designated by law. The Alaska Permanent Fund is a globally recognized sovereign wealth fund, established in 1976 by Alaskans as a public trust to preserve and convert the State’s non-renewable oil and mineral wealth into a renewable financial resource for generations of Alaskans.
About Pensions & Investments
Pensions & Investments, owned by Crain Communications Inc., is the 49-year-old global news source of money management. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations, and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit us at www.pionline.com