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Sovereign Wealth Funds Briefing - Categorized | Performance

Stock market rallies grow Permanent Fund by $3 bln in first quarter

Posted on 29 October 2009

From Ktva.com: The Alaska Permanent Fund produced a return of 10.7% for the first quarter of fiscal year 2010, and ended September 30 with a value of $33.3 billion, an increase of $3.4 billion from the beginning of the period.
“While the global economy may still have some issues to work through, we’re hopeful that the recent performance in the stock markets is a sign that the worst of the recession is over,” said Michael Burns, Chief Executive Officer……………………….Full Article: Source

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