Alaska Permanent Fund Corp. is expected to boost its infrastructure portfolio, Pensions & Investments reports. The move follows a 1-percentage-point rise in the fund’s allocation to the asset class.
The fund has also altered its broader asset allocation exposure to 55 percent from 53 percent, raised infrastructure to 4 percent from 3 percent and slashed special opportunities to 18 percent from 21 percent. Amendments to the asset classes will not lead to new mandates.
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