BPOPF returns defy COVID-19, jump 10%

Friday, October 16, 2020

Rare good news: Pensioners are set to have better returns this year PICS: KENNEDY RAMOKONE

covid19

The fund, which holds the pensions of thousands of civil servants, reportedly has assets of above P73 billion, having closed at about P66 billion in the year ended March 31, 2020.

The fund’s performance comes as world economies shake from the pandemic’s impact, with COVID-19 spreading panic and wreaking havoc with various asset classes across the markets.

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BPOPF returns defy COVID-19, jump 10%

covid19