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GIPF ropes in UK-based investment consultants

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.


 

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Mandisa Rasmeni

Mandisa Rasmeni has worked as reporter at the Economist for the past five years, first on the entertainment beat but now focussing more on community, social and health reporting. She is a born writer and she believes education is the greatest equalizer. She received her degree in Journalism at the Namibia University of Science and Technology (NUST) in June 2021. . She is the epitome of perseverance, having started as the newspaper's receptionist in 2013.

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