GIPF ropes in UK-based investment consultants
The Government Institutions Pension Fund (GIPF) recently announced that they have appointed two new investment consultants.
The fund confirmed that Lane Clark and Peackock LLP will consult on investments, while BFinance UK Limited, will consult on the selection and search of Asset Managers.
According to the fund both entities are domiciled in the United Kingdom and both bring a wealth of financial and investment expertise to the Fund.
David Nuyoma, Chief Executive Officer and Principal Officer of the GIPF said the three-year contracts commence on 1 October 2020, replacing the outgoing investment advisor, RisCura Consulting, a Namibian firm appointed as the Funds’ investment advisor in 2009.
“I would like to thank Riscura Consulting for the immense contribution they made to growing the fund to its current asset value,” he added.
The GIPF stated that it looks forward to building a successful and strong business relationship with the new consultants, that will aid the fund’s mandate, to safeguard and grow the fund for the benefit of its members.