Wednesday July 15, 2020

National pension fund steers clear of property

The balance of assets within the National Pension Reserve Fund (NPRF) next year may differ from original targets because of worsening market conditions.

2nd August, 2008

The balance of assets within the National Pension Reserve Fund (NPRF) next year may differ from original targets because of worsening market conditions.

The fund, which is managed by the National Treasury Management Agency, divides its investment across a variety of asset types, including equities, property, bonds, commodities and cash.

Some 3.1 per cent of the total NPRF is invested in property and its target asset allocation aims for an 8 per cent exposure to...

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