Pension fund

South Africa / Government Employees Pension Fund / $1.3 Billion to Job-Growth Funds – Bloomberg

South Africa’s Government Employees Pension Fund, Africa’s biggest, said it allocated 13 billion rand ($1.3 billion) to three new funds targeted at boosting employment and economic growth. The Public Investment Corp., which manages most of the GEPF’s money, committed 5 billion rand to an environmental sustainability fund, 3 billion rand for a “priority sectors” fund … Continue reading →