Sierra Leone Pension Fund Invests in Mall as Yields Tumble

April 21, 2015 7:22 AM

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Sierra Leone’s state-owned pension fund, which oversees the equivalent of $184 million, is investing in property developments to boost returns as it shuns Treasury bills after yields fell to record lows.

“There was a time we used to invest heavily” in Treasury bills,’’ said Alpha Keita, acting head of the treasury management unit of the National Social Security and Insurance Trust. “But for now we don’t have much.”

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