24.02.2009 - Alaska fund drops alternatives mandates
From Financialstandard.com.au: The $43 billion Alaska Permanent Fund Corporation has axed two alternative investment mandates in light of the fund's shrinking assets. According to a press statement by the American fund, the board decided "not to move forward with two planned alternative investments in light of changes to the fund's value, and the need to balance toward core asset classes"..... Full Article: Source