Juneau – The Board of Trustees held its quarterly meeting in Juneau and via webinar on February 16-17, 2022, to consider the Alaska Permanent Fund’s second-quarter investment performance, associated capital markets insights, updates on the Public Equities portfolio from internal and external managers, perspectives on risk and associated thresholds, and a discussion on the portfolio’s annual asset allocation.
The Alaska Permanent Fund ended the quarter on December 31 with $82.5 billion. The trailing quarter performance placed the Total Fund below-median relative to other large public funds and above-median relative to a large endowments/foundations peer group. For the quarter, the Total Fund outperformed the CPIU+5% return target but fell short of the Performance and Passive Index benchmarks. Over the 1-, 3-, 5-, and 10-year periods, the Fund outperformed and was ahead of all three targets.