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Permanent Fund gives State Street the boot

...won a remarkable settlement with State Street Global Advisors after the huge...dollars in bond funds managed by State Street, the Alaska Retirement continue to do business with State Street. The board manages $14 billion...
Agencies fix potholes brought on by weather

...January slog in Juneau bring? If you have been driving around town lately, you may know the answer: potholes.City and state street maintenance crews have been out in force this and last week patching up pits in the roadway, a problem wrought by the...
Klondike Gold Rush National Historical Park releases new historic structure reports

...access to gold rush era photographs and documents.Located on the historically prominent location of Fifth Avenue and State Street, the Meyer building hosted the Arctic Meat Company and the Arctic Telephone Company, owned and operated by Herman...
State works to recover retirement funds

...Alaska is in settlement talks with State Street Global Advisors, trying to recover...Department of Revenue officials say State Street's Daily Corporate/Government...That bond fund was mismanaged by State Street," Andrews said. State employees...
State workers lose millions to bond fund

...emergency meeting and voted to remove State Street Corp.'s Daily Government/Corporate...Revenue's legislative liaison. The State Street fund held $36 million in state...Burnett said. Alaska is not the only State Street client with concerns. Prudential...
Firm to replace losses in state retirement fund

...Benefit System, in varying amounts. State Street Global Advisors touted the Daily...least state entity, to settle with State Street," Andrews said. The agreement with State Street was reached in late December and...
State should cover retirement losses, Sen. Elton says

...state employees' money out of the State Street Daily Corporate/Government Bond...considering legal action against State Street, which holds out the possibility...has already sued Boston-based State Street, saying that it has a legal obligation...
Critics: State retirement plan was too risky

...problems with a fund managed by State Street Corp. in August will reveal the...riskless endeavors," he said. The State Street Fund was a very small part of total...investment selection," Stedman said. State Street Corp.'s Daily Corporate/Government...
Audit finds errors in retirement accounts

...Shier said the errors were made by State Street Global Advisors, which manages...both of which are managed by State Street. The notification letter will...into a blame fest," he said. State Street Global Advisors is a subsidiary...
My Turn: Business as usual?

...One of the basic precepts of investment is that you don't gamble with money you can't afford to lose. Yet the State Street Bond Fund, a presumably secure retirement investment for state employees, recently lost almost $6 million (according...


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