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...Corp. thinks. It will soon be buying hundreds, if not thousands, of foreclosed properties, said Executive Director Mike Burns. The permanent fund's board of trustees, meeting in Anchorage last week, decided to make a bold move into some of...
...even if they're not carrying out Parnell's wishes.Parnell on Jan. 31 sent letters to Permanent Fund Corp. CEO Mike Burns Revenue Commissioner Bryan Butcher and the chair of the retirement management board, asking that to the extent allowed...
...been concerns expressed about Alaska seeming to capitalize on others' misfortune.The fund's executive director, Mike Burns, said the state is not compounding individuals' housing woes in any way, but simply recognizing that in many areas...
...Capital IX investment may wind up being isn't being released, said Alaska Permanent Fund Corp. executive director Mike Burns.The corporation itself doesn't even chose the investments, instead they have two "gatekeeper" investment managers...
...annual return ever, and topped $40 billion as it rebounded from the steep decline of two to three years ago, said Mike Burns, executive director of the Alaska Permanent Fund Corporation.The big returns for the year were driven by the half...
...Officer will be Jay Willoughby, a New Jersey investment manager.The announcement was made Thursday by Executive Director Mike Burns, who has also been acting as CIO of the $38 billion state savings account since previous CIO Jeffrey Scott left during...
...don't necessarily want to purchase them outright. That may be for those who want to use them in short sales, said Mike Burns, the fund's executive director. While various securities may be lent, most of the fund's revenue from lending...
...billion from where it had been at the start of the quarter and fiscal year on July 1.Permanent Fund Executive Director Mike Burns stated in a release the decline in markets had been somewhat expected after big gains in the previous year, in which...
...trying to invest on economic terms and not be involved in, I guess, social issues," said fund chief executive officer Mike Burns. "That's for the political side of the house."Fund officials in 2008 opposed a divestment measure that targeted...
...opportunities as they arise," the permanent fund could benefit, he said. Alaska Permanent Fund Corp. Executive Director Mike Burns, Willoughby's boss, said the ideas sounded good. He said they'd recently looked into making investments in agricultural...