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Marcus Frampton, the chief investment officer of the Alaska Permanent Fund Corp., spoke at a conference in Spain in September on meeting new challenges for sovereign wealth funds.
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The Alaska Permanent Fund isn’t running out of money, but it may be running out of money that can be spent.
Alaska relies on the Permanent Fund for most of its general-purpose state revenue, but its ability to use the fund may be threatened.
Alaska's energy and mining endowment fund will start distributing $1,312 payments to eligible residents starting Thursday, and a second disbursement is planned for late October.