Alaska Permanent Fund Has “Modest Return” In 2023
Posted on 08/31/2023
News out of Alaska indicates that for H1 2023, the Alaska Permanent Fund returned 0.55%. Fiscal year-to-date performance of the Fund was ahead of its Performance benchmark by .93% and its Passive Index benchmark by 0.32%, though it came in 2.1% below the Total Return Objective of CPI+5%. CIO Marcus Frampton said: “While the first…
