| From Juneauempire.com: Management of a portion of the $34 billion Alaska Permanent Fund will be contracted out to outside investment managers, but fund staff say the goal is more to learn how expert investors operate than a hope for explosive new returns.
The fund's Chief Investment Officer Jeff Scott is calling the money managers who will be hired "external CIOs," and expects each of the four managers will be given $500 million to invest as mini-permanent funds, for a total of $2 billion.................................Full Article: Source
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