One of the US’s biggest sovereign wealth funds is set to end investments in its home state, citing the potential for conflicts of interest and lack of sufficient opportunities.The US$76.3 billion Alaska Permanent Fund Corporation (APFC) judged that in-state investments were underperforming compared to the rest of its portfolio. As a...
One of the US’s biggest sovereign wealth funds is set to end investments in its home state, citing the potential for conflicts of interest and lack of sufficient opportunities.The US$76.3 billion Alaska Permanent Fund Corporation (APFC) judged that in-state investments were underperforming compared to the rest of its portfolio. As a...