BPOPF assets soar past P90bn but ‘bumpy road’ beckons

The fund had grown to P93 billion by December last year, before retreating to P90 billion at the end of the financial year due to instability in invested markets.

“From April to now, we have had pressures such as higher global inflation and it’s a bumpy road going forward, but these are temporary,” Botswana Public Officers Pension Fund (BPOPF) CEO, Moemedi Malindah told journalists recently. “It should not be a cause for panic even though it’s about levels that have not been seen in a long time.”