David Brown

NASFUND eyes K7bn net worth

Chief Investment Officer, David Brown, said the company is positioning itself to take advantage of the expected economic growth of the country.

Speaking at NASFUND’s Employer Conference on March 14th, Brown said 2018 was a tough year for the fund given the modest crediting rate.

“We modeled where we would go, NASFUND on our conservative modeling ranges in the next five years between K6.2 to K6.8 billion. So we could be a K7 billion fund,” said Brown.

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