The team that is responsible for implementing the Fund’s Investment Strategy in line with the Fund’s Investment Policy Statement is presented below;
Deputy Principal Officer (Finance and Investments)
Mr Ronald Masunungure
Ms R. Ndambakuwa
(i) Investment Objectives
(ii) Portfolio Asset Mix
(iii) Portfolio Diversification
(iv) Regulatory Investments Limits
(v) Investment Restrictions
The Fund out-sourced the management of part of its equities portfolio to two asset managers to mainly benchmark performance.
Following the closure of Southgate & Bancroft, a real estate management company, which was 100% owned by MIPF on the 31 December 2015. A business decision was made to set up an inhouse property department to manage the Fund’s property portfolio.