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Sovereign Wealth Funds Briefing - Categorized | Performance

Fairbanks’ permanent fund reverses slide

Posted on 24 July 2009

From Newsminer.com: The Fairbanks Permanent Fund continues to inch upward, paralleling a slow rebound in financial markets, financial advisers told city officials Wednesday.

The 12-year-old fund — a significant contributor, through earnings, to the city’s budget — grew by 8.7 percent between March and June, according to the Anchorage-based firm Alaska Permanent Capital Management………..Full Article: Source


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