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 …
Alaska Permanent Fund Returns 8.45% for the first half of FY18
The Alaska Permanent Fund’s (Fund) investments gained 8.45% in the first half of fiscal year 2018 (FY18) and the Fund ended December 31, 2017 with assets under management totaling $64.0 billion, comprised of $48.7 billion in the Principal of the Fund and $15.3 billion in the Earnings Reserve Account. As we enter the second half of the fiscal year, the …
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 …
Alaska Permanent Fund’s Market Value Exceeds $65 billion
The Alaska Permanent Fund (Fund) has reached an unaudited market value of well over $65 billion, a new record high. Current market values are easily accessed by clicking on the Daily Fund Market Value link on our homepage. Download PDF
$63 billion and counting: How long can Alaska’s Permanent Fund keep growing so fast? – KTOO, Alaska’s Energy Desk
“Alaska owns a massive investment account, and lately, it has been growing rapidly. In the last fiscal year, Permanent Fund Corporation Chief Executive Officer Angela Rodell said the corporation is up 12.5 percent. …We made $7 billion dollars …” Download PDF
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 …
Alaska Permanent Fund 40th Anniversary Recognized at APFC’s Board of Trustees Meeting
As the Alaska Permanent Fund enters into its 41st year, it was affirmed during the Board of Trustees meeting that the Alaska Permanent Fund Corporation remains dedicated to providing a sound management structure to maintain the safety of the principal, while maximizing investment returns. Chair Bill Moran observed that “in the 40 years since the first deposit on February 28, …