In Fiji:

February 13, 2025, 10:19 am
Business, Fiji News

FNPF hits $10.6 billion, invites members to annual forum

Eparama Warua
Journalist | [email protected]
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The Fiji National Provident Fund has reached a significant milestone, now managing an asset portfolio – valued at $10.6 billion, serving over 423,000 members across the country.

This marks an impressive 11.6 percent increase in total assets, from the previous year’s figure of $9.5 billion.

This week, the Fund is encouraging members to attend and participate in their annual member forum, which will be happening around the country in the coming days.

The growth in assets reflects the fund’s strong investment performance, with FNPF continuing to explore opportunities for expansion and diversification.

In the past year, the fund pursued several strategic real estate acquisitions to further enhance its portfolio.

These acquisitions included high-value properties such as Garden City, Natadola Beach Estate, and Lyndhurst Property, which are expected to yield significant returns over time.

The continued growth of FNPF’s asset portfolio is a positive indicator of the fund’s ability to meet its obligations to members, ensuring strong returns and long-term financial stability.

The Members Forum will continue in the Western Division this Thursday 13th of February at the MyFNPF Plaza from 5pm, and conclude in the Northern Division on the 19th of February at the Labasa Civic Center at 1pm