Wednesday, 27 August 2014
Last updated 4 hours ago
Jun 3 2008 | 2:44pm ET
The $37 billion Alaska Permanent Fund Corporation’s board of trustees has approved changes to the asset allocation for the pension fund, increasing its overall commitment to the alternatives space.
Private equity and absolute return will each move from 4% to 6% of the total allocation, and the allocations to infrastructure and emerging market stocks will each go up by 1%. The shift is balanced by reductions in the allocations to U.S. large-capitalization stocks and non-US developed market stocks, as well as U.S. bonds.
“The Board firmly believes that investing in alternative assets, such as private equity and infrastructure, is necessary to ensure that the Permanent Fund is well diversified," said Board Chair Steve Frank. "Alternative assets help balance our exposure to traditional public assets under a wide range of market conditions, and we have spent the last few years creating and slowly growing the fund's allocations in these areas.”
The fund had $2.4 billion committed to alternatives as of the end of April.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...