BSE offers discounts for green bond listings

With P70.7 billion or 61% of the country’s pension funds invested offshore as at May, the local bourse believes an opportunity exists for these funds to return home and help meet the country’s sustainable development projects, including those in energy and other sectors.

In addition, Parliament recently passed amendments to the Retirement Fund Act that allow pension funds to invest a minimum of 50% of their assets domestically, up from 30%, in a move that will see asset managers pursue opportunities in the local market.