Petersburg Pilot -

PFD reports strong returns, value of $64B

 

February 15, 2018



ANCHORAGE, Alaska (AP) — The Alaska Permanent Fund Corp. reported strong returns and a total value of $64 billion in the first half of the 2018 fiscal year.

The fund corporation announced the numbers on Monday, highlighting returns of 8.45 percent, the Alaska Journal of Commerce reported .

The report was released as domestic markets continued to be down for the second

consecutive trading day. The Dow Jones Industrial Average closed Monday at 24,345, down more than 7 percent from Friday.

The public equities portion of the fund’s investments produced an 11.9 percent return and outperform...



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