BPOPF tender sparks market excitement

Friday, July 09, 2010

By August 26 and 27, each of four bidders for the local asset management industry's most powerful position will have known its fate.

At its August sitting, the Botswana Public Officers Pension Fund (BPOPF) board will decide which of the four firms to appoint its asset/investment consultant, a key and highly lucrative position in the management of the Fund's P29 billion assets.

Alexander Forbes, whose consulting division has been in the position for several years, is again in the running for the contract whose duration has been set from October 2010 to September 2012.

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