08-02-2019

Decisions of the Governing Board for investments in the meeting of February 2019

The Governing Board of the Kosovo Pension Savings Trust in its meeting of February 2019 reviewed the state of all investments and investment funds and addressed the recommendations of the Investment Committee.

Based on the recommendations of the Investment Committee, and for the purpose of tactical balance, the Board has unanimously decided as follows: withdraw €45m from AXA-GILB and withdraw pf €30m from Amundi 3M. Furthermore, the Board has decided to place the amount withdrawn into the following funds: €5m in Schroders SB fund; €35m into the Vanguard GSIF and € 35m in the Nordea SRF.