Anchorage – The Board of Trustees met for their Annual Meeting this week to review the Alaska Permanent Fund’s investment performance for fiscal year 2022 (FY22) and hear strategic insights, including current market perspectives from the Investment Advisory Group, APFC staff and external investment partners. Chair Richards remarked that, “The past year has been challenging, and despite it all, the …
FY22 Annual Report: Perspectives
The Alaska Permanent Fund Corporation is viewed through many lenses – an investor, an accountant, a manager, a leader, a steward, a student, an Alaskan – each bringing a unique perspective on the value and potential of the Alaska Permanent Fund, a world-class financial resource. At APFC, our passion for investing, decades of financial experience, and steadfast commitment to our …
APFC’s Board of Trustees Meets in Advance of Annual Meeting
Juneau – APFC’s Board of Trustees Audit Committee met on September 1st to monitor the integrity of the financial reporting process and the system of internal controls and procedures regarding finance, accounting, and legal compliance, as well as to review the performance and independence of APFC’s external auditors. In line with state statute and our commitment to transparency, the Alaska …
FY22 Permanent Fund Performance Report
Our Commitment to Alaska APFC’s long-term stewardship, prudent management, and diverse investment strategy ensure the Alaska Permanent Fund will continue to be safeguarded and wisely invested for the benefit of generations of Alaskans. Though we continue to find ourselves in extraordinary times, be assured that our staff is working at capacity and is fully engaged in managing the portfolio to …
APFC’s Public Equities and the Advantage of Time
Empirical evidence shows that Public Equities investment outperformance is challenging to generate and sustain long-term. It requires a certain degree of skill, market perspective, and time. As with all of the Alaska Permanent Fund Corporation’s asset classes, the key objective of the Public Equities portfolio is to outperform its benchmark over time and across market cycles. Investing for the long …
APFC’s Board of Trustees Q3 Meeting Overview
Ketchikan – The Board of Trustees held its quarterly meeting in Ketchikan and via webinar on May 18-19, 2022, to consider the Alaska Permanent Fund’s third-quarter investment performance, associated capital markets insights, asset class updates, and a pacing plan for alternative markets. Updates to the Investment Policy and Governance Manual were also considered and adopted. In his hometown of Ketchikan, …
APFC Board of Trustees Hears the Call to Action on Behalf of Ukraine
APFC Summary of Russian Holdings Together with our fellow Alaskans, the Board and Staff of APFC are bearing witness to the suffering, the fortitude, the resiliency, and the sheer bravery of the Ukrainian people and are hearing the call to action. The ongoing crisis and tragedy resulting from Russia’s undeniable and merciless assault on Ukraine warrant a global and Alaskan …
APFC’s Board of Trustees Q2 Meeting Overview
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 …
Juneau
Life changingJuneau residents rank “quality of life in Juneau” as the #1 reason they live in Juneau. From the moment you step off the plane it is easy to see that Juneau is one of the best kept secrets in the country. Beautiful mountains, glaciers, flowing rivers and ocean channels are around every turn. With minimal traffic, no pollution and …
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Total Fund Value $79,624,900,000as of March 31, 2024Principal $69.6 Billion$56.8B$12.8B• Deposits & Other Appropriations• Unrealized GainsEarnings Reserve Account $10.0 Billion$3.1B$3.7B$1.8B• Realized Earnings• Unrealized Gains• FY23 POMV Commitment