Saturday, April 20, 2024
601 ad

FNPF to consider offshore investments

The Fiji National Provident Fund is looking at offshore investments to maximize its investment portfolios and outputs, in line with its strategic priorities.

Highlighting this at the National Economic Summit in Suva yesterday, FNPF Board Chair Daksesh Patel said it is important that the Fund invest offshore to diversify its risks.

He said there are limited investment opportunities in Fiji and the Fund is exploring investing offshore.

“There are only a few places the Fund can go and find its place, therefore offshore investment for the fund becomes very important to enhance member’s returns.”

He also mentioned that they are working closely with various international superannuation funds to explore the option of jointly investing with them.

Ilaitia Ravuwai
Ilaitia Ravuwai
Journalist | news@fijilive.com

MORE FROM FIJILIVE

IWA expulsion from CWM is regrettab...

Opposition Spokesperson for Health and Medical Services, Penioni Ra...

More Children get new gift of life

Fourteen more children received free life-saving heart surgeries at...

Newly appointed diplomats depart fo...

Advancing Fiji’s national interest is top priority for Fiji’s newly...

Saukuru commends Drua Women

Minister for Youth and Sports, Jese Saukuru congratulated the Fijia...
Fijilive Ad

trending

error: