SERIOUS CLOUT
By Andrew McNulty
The Public Investment Corp (PIC) has attracted attention for its interventions in board appointments at companies such as Sasol and Barloworld. These events were usually linked to government's black economic empowerment (BEE) policies ...

LAGGARD LABEL UNFAIR
By Ian Fife
The Public Investment Corp's (PIC) voracious appetite for property is difficult to satisfy. Its property value rose about 26% in 2008, from R18,5bn to R23bn (3,54% of total assets) in a year it described itself as being "less aggressiv...

TAKING THE HIGH GROUND
By Stephen Cranston
Until recently the R750bn Government Employees Pension Fund (GEPF) was happy to keep a low profile. When you look at its website, there is little information on the people who control the fund's destiny, the 32 trustees and alternate t...

REALISING AFRICA'S POTENTIAL
By Stephen Cranston
The Government Employees Pension Fund has not undertaken any conventional offshore investments - it has no US treasury bills or European equities, for example. But it has investments outside SA - US$250bn in the Pan African Infrastru...