Alaska Permanent Fund managers see opportunity in low oil prices

Low oil prices have Alaska's leaders in a state of anxiety, but the investment managers of the Alaska Permanent Fund are responding in their own way, and looking for investments that will allow the fund to take advantage of the global dip in crude costs, Alaska Dispatch News reports.

While some are anticipating a rebound in collapsing oil and gas prices, others appear to be anticipating a long period of low oil prices.

Among those who think low oil prices are here to stay are some of the fund's top managers, the Alaska Permanent Fund Corp. Board of Trustees heard while meeting in Juneau last week.

But those managers also said while Alaska was hurting due to low oil prices, and royalties flowing into the fund have slowed dramatically, that might open up opportunities elsewhere.