{"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":"

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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_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_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}},"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,"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=7806"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7807"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}