Walker: Permanent Fund should bring jobs to state

At Juneau Chamber of Commerce, Gov. Bill Walker says Alaska Permanent Fund Corp. could employ more here

Gov. Bill Walker speaks to the Juneau Chamber of Commerce at the Hangar Ballroom on Thursday, Feb. 8, 2018. (Michael Penn | Juneau Empire) Gov. Bill Walker speaks to the Juneau Chamber of Commerce at the Hangar Ballroom on Thursday, Feb. 8, 2018. (Michael Penn | Juneau Empire)

In a speech to the Juneau Chamber of Commerce on Thursday, Gov. Bill Walker told the assembled crowd that he believes the Alaska Permanent Fund Corporation should bring more of its investment managers to Juneau.

 

According to figures provided by the corporation, it will spend almost $139 million this fiscal year on fees paid to investment firms that manage portions of the $65 billion fund.

Walker said he wants to see some or all of those fees paid to Alaskans or to firms with offices here.

“They should be here. They should have offices here,” Walker said. “We’re not getting the full benefit out of our money.”

He suggested the corporation should expand internship and local-hire programs to get more Alaskans into the corporation’s ranks.

For the rest of this story, visit the Juneau Empire.

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