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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Alaska eyes putting small-cap firms out in cold

Posted on 26 February 2010

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

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