The Alaska Permanent Fund Corp. has reported a 10.74 percent investment return for the fiscal year ended June 30, 2018. The presentation was given from Callan Associates and the Alaska Permanent Fund Corp.’s (APFC) asset class directors. They also approved the pension fund’s fiscal year 2020 budget but did not disclose the information.
The APFC’s assets under management reached an end of fiscal year high, totaling $64.9 billion as of June 30, 2018, comprised of $46.0 billion in the principal of the fund and $18.9 billion in the earnings reserve account. Callan Associates, APFC’s performance consultant, noted that APFC’s portfolio is well diversified across all major asset classes employed by institutional investors.
Alaska Permanent also discussed investing in Alaska. To do so, the assets must require compelling risk-adjusted returns as any Alaskan investment must be attractive on a stand-alone basis; ensure fund diversification by requiring board approval fo
