The APFC announced that four emerging market equities mandates have been awarded, concluding a manager search which began in May, 2013. The mandates are for $100 million each, and funding is underway with a target completion date of November 29. Selective rebalancing within existing mandates will provide the funds for the new mandates, and no managers were terminated.
NOV 22 - The Alaska Permanent Fund Board of Trustees reviewed the Permanent Fund’s investment structure and recent investment performance at its regular meeting in Anchorage on Wednesday and Thursday. The Board also heard presentations on portfolio risk measurement, structure modeling and areas of potential concern and opportunity in global stock markets.
AUG 5 - The Alaska Permanent Fund returned 10.9** percent for fiscal year 2013, ending the period with a balance of $44.9 billion according to preliminary data. The Fund trailed its composite benchmark, which returned 11.3** percent, reflecting the more conservative nature of the Fund’s holdings compared to the benchmark.
|unaudited, as of Dec 9, 2013|
|Non US Stocks||$10,425,200,000|
|Non US Bonds||$1,079,700,000|
|Real Return/External CIO||$3,180,500,000|