Pension fund investments in mutual funds nose dive

Nigerian Pension funds, 2019 pension fund performance rankingUnlike economies like that of the United States of America, where most pension savers, through such schemes as 401K, participate or invest heavily in mutual funds, Nigerian pension funds tend to be shying away from investing in mutual funds. As Nigerian pension assets increase, their allocations to mutual funds decrease. Analysis of data from PenCom […]

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