| Angela Rodell, chief executive of the $52 billion Alaska Permanent Fund Corporation (APFC) says increasing in-house management capability will be a priority at the fund in the coming year. “External investment will remain important, but we have become much more strategic and thoughtful about our in-house direction,” she says, speaking from APFC’s Juneau headquarters.
APFC already manages around 22 per cent of its assets internally across real estate, fixed income and infrastructure. A next step in the internal push will be to create passive and quasi-passive public equity portfolios focused on smart beta strategies...............................................Full Article: Source
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