News Formal

Exposure to SA economy slows GEPF investment growth

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

France Nouvelles Nouvelles

The Government Employees Pension Fund portfolio has only grown by 0.88% during 2019

Government Employees Pension Fund principal executive officer Abel Sithole. Picture: SUPPLIED

The Government Employees Pension Fund published its annual report for the year ending March 2019 in Johannesburg on Thursday, which showed that its portfolio only grew by 0.88% to R1.818bn during the year as poor returns from the JSE weighed on its equity. Business Day TV spoke to the GEPF's principal executive officer Abel Sithole about the fund's diversification strategy as exposure to the SA economy has taken its toll on investment growth.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Development finance institutions need to get to work in SASA needs to take a leaf out of South Korea’s book and support SMEs, writes Ivan Fredericks
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Breaking barriers to market access will help SMMEs in SAGlobal trends indicate that the small medium and micro enterprises (SMMEs) sector has experienced sustained growth and is consistently the largest employer in both the developed and developing world in recent times.
La source: City_Press - 🏆 7. / 72 Lire la suite »