According to a report by analysts at FBNQuest, the asset allocation of Nigerian pension funds has generally been biased toward government debt, due mainly to the scarcity of good investible securities available to them.
Nigeria’s total assets under management has risen to more than thirteen trillion naira, a growth of near ten per cent year on year to October 2021.
According to PenCom’s latest monthly report for Oct ’21, the assets which came in at N13.2trn, grew by about one per cent month on month.
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