Sun, Sep 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
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

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14769 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930