Fri, May 27, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

Rwanda: Agaciro Fund to Diversify Investment Portfolio to Maximise Returns

Posted on 24 November 2015

Rwanda’s sovereign wealth fund, Agaciro Development Fund (AgDF), will diversify its investment portfolio to venture into different sectors of the economy to maximise returns, Amb Claver Gatete, the Minister for Finance and Economic Planning, has said.
“We have been investing in Treasury bonds and bank deposits, but now we want to diversify into other sectors as we believe that will help us to maximise returns and grow the Fund,” he said while receiving Rwf10 million contribution from MTN Rwanda in Kigali. Government bonds and short-term bank deposits earn the Fund an annual interest of between eight and 12 per cent………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
May 2022
M T W T F S S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031