US - The Alaska Permanent Fund Corporation (APFC) saw a 17% return on investments in the 2007 fiscal year.
Carl Brady, chair, board of trustees commented: “It was a good year for the fund and in a fortunate turn of events, all of its asset classes had positive returns.”
The board of trustees has also agreed to update its stock investment policy, which it stated would align the fund’s policy to current investment industry practices.
By doing this, the fund’s managers would be allowed to invest in all of the security types in their corresponding benchmarks.
Trustees Steve Frank and Bill Moran were elected to board chair and vice chair respectively.
The $39.1bn fund's most recent asset allocation included 27% US equities, 23% US bonds, 14% global equities, 13% non-US equities and 10% real estate
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Jupiter Asset Management's Abbie Llewellyn-Waters, manager of the Jupiter Global Sustainable Equity strategy, explains why firms need to integrate ESG into their business model