02.06.2009 - Alaska blazes new trail in risk-based investing
From Pionline.com: Alaska Permanent Fund Corp.'s adoption of a factor-based approach to asset allocation could signal a major change in how institutional investors look at risk and return. The $30.2 billion fund's new asset allocation strategy categorizes assets by risk and includes new allocations to cash and real return. One of the biggest changes is a new “company exposure” asset class made up of stocks, corporate bonds and private equity.........Full Article (Subscription Required) : Source