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PFAs divest to hedge against fall in Fixed Income Securities

Published by BusinessDay on Wed, 05 May 2021


Having suffered a N51.30 billion decline in pension funds' assets in February due to falling prices of Fixed Income Securities, Pension Fund Administrators (PFAs) are divesting to alternative investments to hedge against further losses. Oguche Agudah, CEO, Pension Fund Operators Association of Nigeria (PenOp), says PFAs are eyeing other alternative investment options aside from government []
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