Asset Owner Directory

Government Employees Pension Fund

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)

$130

Performance

27.5

Chief Executive

Musa Mabesa

Chief Investment Officer

Fikile Mbhokota

Chair

Dr Renosi Mokate

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.

3% Cash and Money Markets

33% Domestic Bonds

3% Domestic Property

54% Domestic Equity

1% Africa (ex S.Africa) Equity

1% Foreign Bonds

6% Foreign Equity

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