Africa’s major Pension Funds to meet in Mauritius to debate investment strategies
Eskom Pension & Provident Fund; Kenya Power Pension Fund; Telkom Retirement Fund; Pencom; Government Employees Pension Fund (GEPF) and National Pension Fund (NPF); are some of the Pension Funds already confirmed to speak at the 3rd Pension Funds and Alternative Assets Africa Conference, PIAfrica, which will be taking place 20 – 21 March 2019 at the Hilton Resort & Spa in Mauritius. Deliberating under theme “The Search for Returns in a Global Low Return Environment”, participating Pension Funds will share their views on the current investment climate, the strategies to overcome existing challenges and the opportunities available to savvy investors.
Traditionally bound by Regulations to invest in local fixed-income bonds, recent years have seen African governments easing Pension Funds access to other asset classes and offshore investing. Pension Funds represent a large part of the Africa’s assets, being estimated that the ten largest funds in the continent held a combined $310 billion USD in assets.
However, with the low return environment that is being experienced globally, a completely new world is unfolding for Pension Funds that will require more adaptive investment, risk management and analysis. Funds can no longer afford to sit on large amounts of money but should instead deploy capital to invest in long term projects such as infrastructure, energy, real estate, and much more.
“Pooling together the various high profiled intellectual resources in the space of social security across the continent to discuss investment topical issues has inspired a shift in thinking on the approach to this subject.” – Simon Wafubwa, CEO, Enwealth Financial Services Limited, commenting on PIAfrica.
Major Africa Pension Funds focusing on alternative investments will be discussing their projects and plan at PIAfrica 2019. During the two-day conference, Pension Funds looking for more diversification in offshore investment strategies will be given the keys to adapt their investments according to their environment. Key sessions will focus on strategies, offshore structures, African regulations, risk management, analysis and performance metrics. To shape the best alternative investments strategy, all stakeholders of the sector will be gathered at PIAfrica 2019 including leading pension funds, fund managers, asset managers and regulatory & administration heads.
PIAfrica 2019 edition is currently being sponsored by Grit, AFC, AXYS Investment Partners, DBSA, Stenham Asset Management, TDB, Franklin Templeton Investments, Perigeum Capital, Moravia Capital Investments, APEX, Riscura and Enko Capital. Supporting institutions include: AVCA, Economic Development Board Mauritius, SAVCA, Insurers’ Association of Mauritius, Global Finance Mauritius and NEPAD.
To register or to find out more about PIAfrica 2019, contact Laura Sitzia at [email protected] or call +44 207 700 4949.
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