DPF assets soar beyond P10bn

Local pensions have enjoyed stellar performances despite COVID-19, as their local and international fund managers have been able to secure high returns from key asset classes such as equities in the Big Four of tech giants, Google (Alphabet), Amazon, Facebook (Meta), and Apple.

“Equally important domestic equities contributed positively to performance following a long period of slow growth,” DPF CEO, Gosego January said in an update to the fund’s 12,500 members.