Asset Owner Directory

Government Employees Pension Fund (GEPF)

The Government Employees Pension Fund (GEPF) is Africa’s largest pension fund. GEPF is a defined benefit pension fund that was established in May 1996 when various public sector funds were consolidated and is managing and administering pensions and other benefits for government employees in South Africa.The Public Investment Corporation, or PIC, is the asset management company for the GEPF and invests funds on behalf of the fund.

Country

South Africa

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$122

Performance (%, 1YR)

3.5

Chief Executive

Musa Mabesa

Chief Investment Officer

Sifiso Sibiya

Chair

Dondo Mogajane

Asset allocation
The Fund aims to invest responsibly for the long-term by using active and passive investment strategies and following a core-satellite approach when issuing investment mandates.

51% Domestic Equity

30% Domestic Bonds

8% International Assets

4% Domestic Property

4% Rest of Africa

2% Alternative Assets

1% Domestic Cash

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