Alaska Permanent Fund Corporation Remains Diligent

In Uncategorized by Paulyn

Alaska Permanent Fund Corporation Remains Diligent As the public equities markets head into ‘bear market’ territory, APFC remains diligent in our management of the Alaska Permanent Fund and in fulfilling our obligations to Alaskans. APFC’s team is navigating through the market downturn by looking into this period of uncertainty to find opportunities that will bring long-term benefits during the recovery …

APFC’s Board of Trustees Brings Forth Recommendations for Fund Sustainability

In Uncategorized by Paulyn

The Alaska Permanent Fund Corporation’s Board of Trustees held a special meeting on March 5, 2020, to further their recommendations pertaining to the Earnings Reserve Account. The Board of Trustees passed Resolution 20-1 OFFERING ALTERNATE PROPOSALS TO SUPPORT AN ANNUAL PERCENT OF MARKET VALUE DRAW FROM THE PERMANENT FUND. The Resolution brings forth measures to enhance the sustainable use of …

APFC Positioned The Fund To Weather Market Volatility

In Uncategorized by Paulyn

Juneau – As widely reported and followed, the global stock markets were rocked this past week with double-digit declines across the board, driven by escalating COVID-19 fears and indications that efforts to contain its spread have been ineffective. Fortunately, the Board of Trustees has structured a well-diversified portfolio for the Alaska Permanent Fund (Fund) with a mix of both public and …

APFC Requests Productive Dialogue

In Uncategorized by Paulyn

Alaska, the 49th state, is an Arctic state that relies on responsible resource development, and it was disappointing to learn of JP Morgan’s decision to restrict its investment decisions in the Arctic. The Alaska Permanent Fund (Fund) was created by Alaskans to save and invest a portion of the state’s resource wealth. Every year since inception, at least 25% of the royalty payments that are generated by resource development in Alaska gets deposited …

Special Telephonic Meeting of the Board of Trustees

In Uncategorized by Maggie Meiners

The Alaska Permanent Fund Corporation (APFC) will hold a special Meeting of the Board of Trustees on March 5, 2020 telephonically. The public is invited to attend this meeting by webinar; please see the agenda (linked below) for information. Agenda item is limited to discussion and action on a board resolution that provides recommendations regarding the structure and balance of …

The APFC Board of Trustees Recognizes Fund’s Evolving Role

In Uncategorized by Paulyn

The Board of Trustees held its quarterly meeting in Juneau, Alaska on February 19-20, 2020 to review the performance of the Alaska Permanent Fund through the first half of the fiscal year 2020 (FY20), to consider the current asset allocation and investment policy, and to discuss the structure of the Fund. The Alaska Permanent Fund’s investments were up 5.38% in …

In Uncategorized by Maggie Meiners

APFC Quarterly Board of Trustees Meeting The Alaska Permanent Fund Corporation (APFC) will hold its Quarterly Meeting of the Board of Trustees on February 19-20, 2020 in Juneau, AK. The public is invited to attend this meeting in-person or by webinar; please see the agenda (linked below) for information. Agenda items include: asset class updates from real estate and alternatives, …

Trustees’ Paper Volume 9 – now available

In Uncategorized by Paulyn

Trustees’ Paper Volume 9 THE ROLE OF SOVEREIGN WEALTH FUNDS IN SAVING, STABILIZATION, AND GENERATING INCOME is now available! The paper is in the Report Archive under the Resources Menu and is posted below. 2020_APFC_Trustees’ Paper Volume 9    

2019 Industry Innovation Awards – CIO Magazine

In Uncategorized by Paulyn

Great to have the Alaska Permanent Fund and our CIO, Marcus Frampton, recognized amongst CIO Magazine’s Industry Innovators for 2019. Our congratulations to all the nominees and awardees! https://www.ai-cio.com/lists/2019-industry-innovation-awards/ https://www.ai-cio.com/lists/2019-industry-innovation-awards/?pid=46492

 APFC congratulates CIO Marcus Frampton, CFA, CAIA, FRM on being recognized amongst Chief Investment Officer Magazine’s Power 100 of 2019

In Uncategorized by Paulyn

In this 8th edition of the Power 100 list, the publication lauds “asset owners who have distinguished themselves in navigating a changing, and often perilous, market landscape.” This recognition factors in the contributions and qualities that CIOs bring forth for the ongoing success of the portfolios they oversee, the relationships they cultivate, and the teams that they develop. The 2019 …