PIC plans to ramp up its unlisted investment portfolio to 25%

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Public Investment Corporation acting CEO Makano Mosidi says the shift will drive job creation and transformation

The Public Investment Corporation has embarked on a strategy to significantly increase its unlisted investments.

The plan is to ramp up the unlisted asset share of the total portfolio of R25-trillion from the current 5% to 25%, which is regarded as the global norm...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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Great place to hide truely doggy Cadre investments. Non-listed equals opaque reporting equals ....... big pot of juicy cash to connected parties!

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