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STATE JUNEAU EMPIRE The worst day in the U.S. stock markets since Sept. 11, 2001, hammered the Alaska Permanent Fund Corp. on Monday, but left fund managers continuing to preach the value of diversification.

Permanent Fund takes hit as market falls

 Taking a beating: Mike Burns, executive director of Alaska Permanent Fund Corp., sits Monday in his office in Juneau. The fund took a beating as Wall Street dropped sharply.
Brian Wallace / Juneau Empire
Taking a beating: Mike Burns, executive director of Alaska Permanent Fund Corp., sits Monday in his office in Juneau. The fund took a beating as Wall Street dropped sharply.
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