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Sovereign Wealth Funds Briefing - Categorized | Performance

Alaska Permanent Fund takes big hit

Posted on 05 December 2008

From KTUU: The nation’s economic turmoil is creating a big hit for the Alaska Permanent Fund, and it could end up being the greatest loss the fund has ever taken.

The Permanent Fund Board just wrapped up a two-day meeting in Anchorage. Since Wall Street took a dive, and stocks have been down, the fund has lost about $10 billion, or 20 percent of the fund’s total value….. Full Article: Source


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