Public Investment Corporation | Assets under management up 3.6%

The Public Investment Corporation, PIC, has reported that the total assets under management grew by 3.6% or R95 billion to almost R2.7 trillion. The government-owned fund manager has proposed a dividend payment of R141 million to the fiscus. The PIC says it has implemented the majority of the recommendations of the Mpati Commission that saw the fund manager reform to improve governance matters, amongst other issues. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.