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The Triple Threat Facing Sovereign Wealth Funds

Sep 28, 2015 - Institutional Investor

From the Mendenhall Glacier in Juneau to Prudhoe Bay above the Arctic Circle, Alaskans by the thousands will soon tear open crisp white envelopes containing the dividend checks they receive each year from the Alaska Department of Revenue Permanent Fund Dividend Division, which doles out money from the state&s $52.8 billion sovereign wealth fund.

They may be happily surprised. Despite the 60 percent drop in crude prices since June 2014, each oil-fueled check should top $2,000, by our estima...