NPRF to invest billions in Ireland

The National Pension Reserve Fund is poised to liquidate more than €6 billion of assets in its discretionary investment portfolio and reinvest the money in Ireland.

27th January, 2013

The National Pension Reserve Fund (NPRF) is poised to liquidate more than €6 billion of assets in its discretionary investment portfolio and reinvest the money in Ireland, effectively ending its existence as an independent investment vehicle.

The move to unwind the fund's market investments, which earned a 7.3 per cent return last year, was confirmed last week by National Treasury Management Agency chief executive John Corrigan during his appearance before the Oireachtas joint committee on finance.

...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 6 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 6 years ago