The new plan, developed with US-based consultancy Mercer, will start next year
A new management team was brought into the fund in 2017 to transform the state-owned institution
PIFSS had a record investment profit of $7.3bn in the three months through June
Cash accounts for about 11.5 per cent of its investments, which the fund aims to cut to 4 per cent over the next seven months
© 2020 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.