Business News of Monday, 26 July 2021Source: thebftonline.comAs part of multi-stakeholder efforts geared toward promoting the capital market, the Ghana Stock Exchange (GSE), in partnership with the Securities and Exchange Commission (SEC) and the National Pensions Regulatory Authority (NPRA), has held a workshop targeted at pension funds. “The opportunities the GSE platform provides for pension funds are enormous in realising good returns for their principals. Since pension funds are long-term in nature, opportunities exist for players in this space to invest in equities as well,” he explained. Director-General of the SEC, Daniel Ogbamey Tetteh, also added his voice to the call for pension fund players to invest in long-term securities including equities in their portfolios. Relying on historical data, he proved that over the medium to long-term, returns from investing in equities outpaces that of every other asset class.
Source: GhanaWeb July 26, 2021 11:48 UTC