Pension Funds ramp up investments in foreign assets

1 month ago 8
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By Rosemary Iwunze

Closed Pension Fund Administrators, CPFAs, are raising their investments successful overseas securities astatine the backdrop of a sustained fluctuation successful speech rate.

The CPFAs accrued their investments successful overseas wealth marketplace instruments by 12.4 per cent, Month-on-Month, MoM, to N94.1 cardinal successful August 2025 from N83.7 cardinal successful July 2025.

The study of the National Pension Commission, PenCom, connected pension funds manufacture portfolio for the play ended 31 August 2025 released yesterday, besides indicated that the CPFAs’ investments successful overseas equities accrued by 2.2 per cent to N277.4 cardinal successful August from N271.3 cardinal recorded successful July.

It volition beryllium recalled that PenCom precocious released a line for Pension Fund Administrators, PFAs, allowing them to put portion of the pension funds successful overseas currency-denominated instruments. This was initially reserved for CPFAs.

A Closed PFA lone manages Retirement Savings Account, RSA, for its employees oregon employees of its genitor institution if it is simply a subsidiary. The CPFAs that put successful overseas securities wage their employees successful overseas currencies.

The station Pension Funds ramp up investments successful overseas assets appeared archetypal connected Vanguard News.

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