PIC not influenced by politics: report

James

MyGaming Alumnus
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The government-owned Public Investment Corporation (PIC) which manages assets of over R1.4 trillion on behalf of public servants is not primarily guided by politics, the Business Report said on Monday.

"Investment decisions are informed by mandate fit, an assessment of potential returns, understanding of the risk and ability to manage such and the environmental, social and corporate governance (ESG) considerations," the PIC's chief investment officer Daniel Matjila told the paper.
 
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