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Home » Pension funds rediscover billions in wealth

Pension funds rediscover billions in wealth

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THE Insurance and Pensions Commission (Ipec) says the book value of pension funds’ asset base doubled in real terms during the 12 months to June 30, 2021, after refinements to valuation models, which had been wrecked by Zimbabwe’s currency changes in 2019. In June 2019, the southern African country reintroduced its own currency after a…

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