Mon, Jan 22, 2018
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Performance

Permanent Fund grows along with economy on quarter market surge

Posted on 30 October 2009

From Thenewstribune.com: The Alaska Permanent Fund produced a 10.7 percent return and grew by $3.4 billion during the July-September period, the first quarter of its fiscal year, fund officials said.
The stock market posted one of its best gains in a decade during the quarter, said Michael Burns, chief executive of the Alaska Permanent Fund Corp., the agency that runs the $33 billion oil-wealth savings account. Just over half of the fund — about $18 billion — is invested in the stock market……………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
January 2018
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031