Pension funds drift offshore

Thursday, January 09, 2014

The value of local pension funds invested outside the country rose to a two and half year high last October, as risk appetites among asset managers increased on the back of positive global economic prospects.

By October, 57.9% of the P56.6 billion in local pension funds was invested across various asset groups offshore, compared with just 51.5% in January 2013.

While asset managers have traditionally preferred the offshore market for its diversity of assets and returns, local pension began drifting homeward early in 2012 due to global uncertainties, the perceived insulation of the domestic market and the introduction of new asset vehicles locally.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Mbeki, Malema to attend BNF's 60th congress

Tsaone Basimanebotlhe | 4 h ago

UB murder accused referred to Sbrana

Larona Makhaiza | 6 h ago

UB murder accused referred to Sbrana

Larona Makhaiza | 6 h ago

BAA suspends coach, Semumu amidst doping concerns

Calistus Kolantsho | 7 h ago

Botswana President meets diaspora

Staff Writer | 8 h ago

Gabane JSS hosts the Congolese cultural festival

Katlego Rantsho,Zandile Mbuya | 8 h ago

President Boko warmly welcomed in Lesotho

Staff Writer | 8 h ago

BFL confirms Mamelodi's exit, Showa to act as board chair

Staff Writer | 23 h ago

Who watches the watchdog?

For a fact, in a democratic society such as Botswana, the media plays a crucial role of being watchdog, holding the powerful to account and exposing all possible wrongdoing for the benefit of the public.There has been a nagging question about who watches the watchdog after all? Perhaps, the investigations into alleged wrongful acts implicating those supposed to be playing the watchdog role will shed more light into what has happened such that the...

Mmegi Editor | 11 July 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Pension funds drift offshore

The value of local pension funds invested outside the country rose to a two and half year high last October, as risk appetites among asset managers increased on the back of positive global economic prospects.

Mbeki, Malema to attend BNF's 60th congress

UB murder accused referred to Sbrana

UB murder accused referred to Sbrana

BAA suspends coach, Semumu amidst doping concerns

Botswana President meets diaspora

Gabane JSS hosts the Congolese cultural festival

President Boko warmly welcomed in Lesotho

BFL confirms Mamelodi's exit, Showa to act as board chair

Who watches the watchdog?