Tag
PENSION FUNDS
News and stories about pension funds
The Nigerian pension fund industry hit another milestone in September as its total asset value hit and surpassed...
In a bid to derive increased and better performance and return, Nigerian pension funds turned their focus to...
The Nigerian pension fund industry has grown more competitive in recent times since individuals can now easily move...
Nigeria’s pension fund administrators have favoured the fixed income market for 13 years, adopting a near 100% allocation...
Unlike economies like that of the United States of America, where most pension savers, through such schemes as...
As of the end of the third quarter of 2020, the Nigerian Stock Market was down 0.04% YTD....
These were the best performing pension funds in the month of April.
Below are the 5 best performing RSA funds as at the end of October 2020, on a year to date (YTD) basis.
The asset classes that gathered more allocation are FGN Bonds, Bank Placements, Corporate debt securities, and Domestic ordinary securities.
Nigeria pension fund managers have increased their exposure or asset allocation to foreign money market securities by 214%.
In the US 27% of financial institutions like family offices, investment advisers, pension funds, and hedge funds said they own crypto assets.
A few weeks ago, many news media organizations published articles on the plan by FGN to borrow a whopping N2 trillion from the pension funds.