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The Alaska Permanent Fund’s value dropped more than $1 billion Monday when the Dow Jones Industrial average fell 634 points.
The fund was established decades ago to share Alaska’s oil wealth with its residents. The fund reported a value of $40.1 billion on June 30, its highest-ever finish to a fiscal year……………………………………….Full Article: Source
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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance
Alaska Permanent Fund down $2 bln since reporting highest ever year-end finish
| Posted on 11 August 2011 |
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