The National Pension Reserve Fund (NPRF) has slashed its shareholdings in blue-chip large quoted companies in favour of buying riskier assets, following a radical reassessment of its investment targets.
The fund - which manages €17 billion in equities, bonds and cash and €7 billion in ordinary and preference shares in AIB and Bank of Ireland - cut its holdings of so-called large cap equities from 53 per cent of its selected investments at the end...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team