The Board of Trustees held their quarterly meeting in Anchorage, Alaska on May 23-24, 2018 to review the Alaska Permanent Fund’s performance as of March 31, 2018 and consider APFC’s comprehensive investment policy and asset allocation. The Alaska Permanent Fund’s (Fund) investments gained 8.86% thru the third quarter of fiscal year 2018 (FY18) and the Fund ended March 31, 2018 …
Quarterly Meeting of the Board of Trustees in Anchorage on May 23-24, 2018
The Alaska Permanent Fund Corporation will hold its Quarterly Meeting of the Board of Trustees on May 23-24, 2018 . The public is invited to attend this meeting in-person or via teleconference, and there will be an opportunity for public comment and participation on Wednesday, May 23rd at 8:30 a.m. when the meeting commences. The meeting agenda is available under …
APFC Recognizes the Legislature’s Commitment to Structured Draws from the Fund
The Alaska Permanent Fund Corporation applauds the passage of SB 26. The Board of Trustees with Resolution 18-01 had implored the Legislature to take the difficult action of setting up a rules-based framework governing withdrawals from the Alaska Permanent Fund. SB 26 fulfills that obligation. Angela Rodell, Chief Executive Officer, affirms that “SB 26 is an important milestone for the …
Board of Trustees Adopts Resolution in Support of a Rules Based Framework
Juneau – The Alaska Permanent Fund Corporation’s Board of Trustees adopted a resolution during a special meeting on March 15, 2018 solidifying their support of a rules based framework governing deposits into and withdrawals from the Alaska Permanent Fund. In adopting resolution 18-01, the Board of Trustees acknowledges and supports the efforts of Alaskan stakeholders to establish a rules-based framework …
APFC’s Board of Trustees Affirm Diversified Approach to Investing
The Board of Trustees held its quarterly meeting in Juneau, Alaska on February 21-22, 2018. At that meeting, the Board reviewed the mid fiscal year 2018 (FY18) investment performance of the Alaska Permanent Fund (Fund), assessed the position of the portfolio given recent market volatility, discussed establishing a Real Assets allocation, and reviewed the eCIO program. … … While the …
APFC Board of Trustees Quarterly Meeting on February 21-22 in Juneau
The Alaska Permanent Fund Corporation (APFC) will hold its Quarterly Meeting of the Board of Trustees on February 21-22, 2018 in Juneau, AK. The public is invited to attend this meeting in-person or by teleconference; there will be an opportunity for public comment and participation. Agenda items include: A risk and asset allocation overview, asset class updates, a performance report …
It’s time to adopt POMV structure for Permanent Fund – Opinion – Angela Rodell, CEO
“Since 2003 the Board of Trustees has endorsed using a percent of market value, or POMV, methodology for determining how much should be drawn from the Alaska Permanent Fund. A POMV establishes a limit to the amount that can be drawn from the Fund and is based on its average annual market value over five years. … We have had a …
APFC Board of Trustees Evaluate Performance and Internal Management Opportunities
The Alaska Permanent Fund Corporation Board of Trustees considered a comprehensive agenda during their quarterly meeting in Anchorage on December 12 & 13, 2017. In addition to the quarterly review of performance, asset allocation activities, and management reports; their agenda included stress scenario analyses of proposed draws to the Earnings Reserve Account (ERA) and a panel discussion on building in-house …
APFC Quarterly Board of Trustees Meeting – December 12 and 13, 2017
The Alaska Permanent Fund Corporation (APFC) will hold its Quarterly Meeting of the Board of Trustees on December 12-13, 2017 in Anchorage, AK. The public is invited to attend this meeting in-person or by teleconference; there will be an opportunity for public comment and participation. Agenda items include: A risk and asset allocation overview, asset class updates, a performance report …
Permanent Fund Trustees Seek Inflation-Proofing Bill – Alaska Journal of Commerce
“The Alaska Permanent Fund Corp. Board of Trustees unanimously passed a resolution directing corporation executives to pursue legislation to strengthen inflation-proofing mechanisms for the corpus of the $61 billion Permanent Fund, and passed motions requesting an exemption from state procurement codes and to add up to 10 new employees to its Juneau headquarters. …” Download PDF