{"id":7806,"date":"2018-01-15T07:50:37","date_gmt":"2018-01-15T07:50:37","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/pfas-invest-70-of-n7-41tr-pension-assets-in-fg-securities\/"},"modified":"2018-01-15T07:50:37","modified_gmt":"2018-01-15T07:50:37","slug":"pfas-invest-70-of-n7-41tr-pension-assets-in-fg-securities","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/pfas-invest-70-of-n7-41tr-pension-assets-in-fg-securities\/","title":{"rendered":"PFAs invest 70% of N7.41tr pension assets in FG securities"},"content":{"rendered":"

\n<\/p>\n

\n

By Rosemary Onuoha<\/p>\n

PENSION Fund Administrators (PFAs) have invested N6.28 trillion out of the N7.41 trillion pension assets in Federal Government\u2019s securities, as at the end of November 2017.\"\"<\/p>\n

National Pension Commission (PenCom) disclosed this on its website saying the figure represents 70.67 percent of the pension funds<\/a>.<\/p>\n

Investments in FGN securities include: N4.02 trillion amounting to 54.30 percent in bonds; N1.21trillion in treasury bills (16.29 percent); N5.99 billion in agency bonds (NMRC & FMBN), (0.08 percent) and N55.69 billion in Sukkuk.<\/p>\n

The data revealed that N662.72 billion, which is 8.95 percent of the funds, was invested in domestic ordinary shares; while N102.89 billion, which represents 1.39 percent was invested in foreign ordinary shares.<\/p>\n

PFAs also invested N148.21 billion in state government\u2019s securities to represent two percent of the fund ; corporate debt securities got N255.21 billion, which represents 3.44 percent); supra-national bonds got N11.33 billion, 0.15 percent; commercial papers, N44.59 billion, 0.60 percent; banks was N564.68 billion to represent 7.62 percent.<\/p>\n

Others are, Reits, N15.60 billion, (0.21 percent), foreign money market securities, N31.77 billion, (0.43 percent); private equity fund, N23.99 billion, (0.32 percent), real estate<\/a> properties, N224.72 billion, (3.03 percent); infrastructure funds, N6.07billion, (0.08 percent) and cash & other assets, N15.35 billion, (0.21 percent).<\/p>\n<\/p><\/div>\n

Vanguard <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Rosemary Onuoha PENSION Fund Administrators (PFAs) have invested N6.28 trillion out of the N7.41 trillion … PFAs invest 70% of N7.41tr pension assets in FG securities<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7807,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[84],"class_list":["post-7806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-real-estate"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/cartoon-pension.jpg?fit=412%2C250&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8248,"url":"https:\/\/amazingproperty.com.ng\/blog\/un-urges-investors-to-align-portfolios-with-paris-climate-deal\/","url_meta":{"origin":7806,"position":0},"title":"UN urges investors to align portfolios with Paris climate deal","author":"Amazing Property","date":"February 12, 2018","format":false,"excerpt":"Hajia Amina Mohammed Greater ambition to divest from fossil fuel investments and consistent climate action is needed from the global investor community to accelerate the move towards a low-carbon economy and a climate-resilient future, top UN officials said at a major investor summit in New York recently. More than 450\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Amina.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Amina.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Amina.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Amina.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Amina.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Amina.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7141,"url":"https:\/\/amazingproperty.com.ng\/blog\/mainagate-pension-fraud-syndicate-after-my-life-office-agf\/","url_meta":{"origin":7806,"position":1},"title":"Mainagate: Pension fraud syndicate after my life, office \u2014AGF","author":"Amazing Property","date":"November 19, 2017","format":false,"excerpt":"THE Attorney-General of the Federation and Minister of Justice, Abubakar Malami, currently facing scrutiny from the Senate for allegedly spearheading the recall of wanted pension fraud suspect, Abdulrasheed Maina, yesterday, raised the alarm that masterminds of the multi-billion pension fraud and their beneficiaries were behind the ferocious media onslaught against\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cdn.vanguardngr.com\/wp-content\/plugins\/lazy-load\/images\/1x1.trans.gif?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":6928,"url":"https:\/\/amazingproperty.com.ng\/blog\/real-estate-pros-advocate-stratified-sector-for-affordable-housing-prices\/","url_meta":{"origin":7806,"position":2},"title":"Real estate pros advocate stratified sector for affordable housing prices","author":"Amazing Property","date":"November 6, 2017","format":false,"excerpt":"An housing estate owned by Lagos Homs Government. PHOTO: LAGOS HOMS To address the real estate market in a more focused way, experts have called for stratification of\u00a0the\u00a0sector\u00a0to ensure social\u00a0and affordable housing. They spoke\u00a0at the 2017 yearly Real Estate Unite\u00a0summit in Lagos, according to them,\u00a0there is still huge opportunities for\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Lagos Housing.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Lagos-Housing.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Lagos-Housing.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Lagos-Housing.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Lagos-Housing.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Lagos-Housing.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7424,"url":"https:\/\/amazingproperty.com.ng\/blog\/lagos-mortgage-operators-in-talks-over-housing-finance\/","url_meta":{"origin":7806,"position":3},"title":"Lagos, mortgage operators in talks over housing finance","author":"Amazing Property","date":"December 11, 2017","format":false,"excerpt":"The Managing Director, Nigeria Mortgage Refinance Company Plc (NMRC), Prof. Charles Inyangete (left); Lagos State Commissioner Housing, Prince Gbolahan Lawal; Chairman, Mortgage Warehouse Funding Limited (MWFL), Mr. Sonnie Ayere, and Representative of Director, OFISD Central Bank of Nigeria, Mr. Adedeji Adesemoye at the Housing workshop held in Lagos On the\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Nmrc 11 12 2017.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NMRC-11-12-2017.jpg?fit=640%2C360&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NMRC-11-12-2017.jpg?fit=640%2C360&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NMRC-11-12-2017.jpg?fit=640%2C360&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":6075,"url":"https:\/\/amazingproperty.com.ng\/blog\/dynamic-mortgage-industry-is-a-function-of-virile-economy\/","url_meta":{"origin":7806,"position":4},"title":"\u2018Dynamic mortgage industry is a function of virile economy\u2019","author":"Amazing Property","date":"September 4, 2017","format":false,"excerpt":"Chudi Ubosi is the President, African region,\u00a0International Real Estate Federation (FIABCI) and principal partner, Ubosi Eleh and Company CHUDI UBOSI is the President, African region,\u00a0International Real Estate Federation (FIABCI) and principal partner, Ubosi Eleh and Company.\u00a0He spoke to Property & Environment Editor, CHINEDUM UWAEGBULAM on ways to sustain the gains\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Ubosi-kk-04-09-2017.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Ubosi-kk-04-09-2017.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Ubosi-kk-04-09-2017.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Ubosi-kk-04-09-2017.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Ubosi-kk-04-09-2017.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Ubosi-kk-04-09-2017.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":4110,"url":"https:\/\/amazingproperty.com.ng\/blog\/professionals-seek-synergy-to-achieve-quality-housing\/","url_meta":{"origin":7806,"position":5},"title":"Professionals seek synergy to achieve quality housing","author":"Amazing Property","date":"May 3, 2017","format":false,"excerpt":"OgunleyeProfessionals in the building sector have solicited cooperation among the key players to achieve quality housing in the country.They made the call at the opening of the 2017 edition of Lagos International Housing Fair, which had participants from within and outside the country. 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