Public needs more information on Permanent Fund's Alaska investments

 

November 22, 2023



The governor or Legislature, or both, need to conduct an audit available to the public or engage in serious oversight of the Permanent Fund’s recent erratic decisions. There is a growing threat to the Permanent Fund, and it is coming from the trustees themselves.

Their plan included opening satellite offices to expand the fund’s national and international presence. The trustees moved ahead this summer with an Anchorage office, spending money the Legislature approved for other purposes, despite being unable to show any benefit to the fund from doing so. Rather, the fund CEO pointed out that new...



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