{"id":46035,"date":"2024-03-21T06:27:30","date_gmt":"2024-03-21T06:27:30","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments"},"modified":"2024-03-21T07:02:59","modified_gmt":"2024-03-21T07:02:59","slug":"e5-4m-to-advise-pspf-on-investments","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments","title":{"rendered":"E5.4M TO ADVISE PSPF ON INVESTMENTS"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eswatini. <\/strong><\/span><b>Riscura Solutions (Pty) Ltd, a Swati\/South African company, has been awarded a contract for the provision of investment advisory services to the Public Service Pension Fund (PSPF).<\/b><\/p>\n<p>The proposed contract price for this tender is E 5 425 000 per annum\/1.75 basic points (bps) of assets under management (AUM). This is according to an intention to award a contract notice published on the Eswatini Public Procurement Regulatory Agency (ESPPRA) website. The contract award decision for the above-cited tender was reached in terms of Section 45 of the Public Procurement Act No. 7 of 2011 (the Act), following a competitive bidding process.<\/p>\n<p><b>Negotiations<\/b><\/p>\n<p>The evaluation was through Technical Quality (Regulation 88), whereby the bidder with the highest-ranked technical proposal is invited for financial negotiations. Riscura Solutions (Pty) Ltd emerged as the best-evaluated bidder after scoring 90 per cent, beating other contestants including 27Four which scored 75.88 per cent. Eswatini Employee Benefit Consultants; Alexander Forbes, Independent Actuaries &amp;Consultants, Mosaic Investment Consulting and three others were rendered technically non-responsive. It is worth noting that as of March 31, 2023, PSPF had invested 37 per cent (E11.6 billion) of its equities in South Africa (SA). According to the PSPF annual report for the financial year ended March 2023, the funds invested in SA were with Allan Gray, SANLAM Investment Management, ALUWANI Capital Partners, STANLIB Asset Management Limited, Old Mutual Investment Group, African Alliance and Balondolozi Investment Group.<\/p>\n<p><b>Assets<\/b><\/p>\n<p>PSPF invested 19 per cent of its total portfolio in the offshore market, with STANLIB Global Multi-Manager and Alexander Forbes Jersey. A total of 45 per cent of the fund\u2019s assets are invested in Eswatini which is higher than the statutory minimum requirement of 30 per cent of the total portfolio set by the Financial Service Regulatory Authority (FSRA).<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/eswatini\">Eswatini<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eswatini. Riscura Solutions (Pty) Ltd, a Swati\/South African company, has been awarded a contract for the provision of investment advisory services to the Public Service Pension Fund (PSPF). The proposed contract price for this tender is E 5 425 000 per annum\/1.75 basic points (bps) of assets under management (AUM). This is according [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":46034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[234,248,249],"class_list":["post-46035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>E5.4M TO ADVISE PSPF ON INVESTMENTS - Eswatini<\/title>\n<meta name=\"description\" content=\"Riscura Solutions (Pty) Ltd, a Swati\/South African company, has been awarded a contract for the provision of investme ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E5.4M TO ADVISE PSPF ON INVESTMENTS\" \/>\n<meta property=\"og:description\" content=\"Riscura Solutions (Pty) Ltd, a Swati\/South African company, has been awarded a contract for the provision of investme ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-21T06:27:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-21T07:02:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/03\/sm_1710991884.638681.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1923\" \/>\n\t<meta property=\"og:image:height\" content=\"795\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"E5.4M TO ADVISE PSPF ON INVESTMENTS\",\"datePublished\":\"2024-03-21T06:27:30+00:00\",\"dateModified\":\"2024-03-21T07:02:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments\"},\"wordCount\":299,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/03\/sm_1710991884.638681.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/e5-4m-to-advise-pspf-on-investments\",\"name\":\"E5.4M TO ADVISE PSPF ON INVESTMENTS - 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