From Pionline.com: Alaska Permanent Fund Corp., Juneau, could terminate at least 12 of its 17 external small-cap equity managers under a plan to eliminate its $695 million small-cap equity pool, and consolidate other equity managers by significantly increasing passive management of its stock portfolio, confirmed Laura Achee, spokeswoman for the $34.3 billion fund.

The move was made at the fund’s quarterly board meeting Feb. 23-24…………………………………….Full Article: Source