SIMS boss advocates for minimum allocation for investment asset classes

We need to set minimum allocations for asset classes. This will require a 5 percent minimum allocation of pension assets into alternatives.

Mr. Kwabena Boamah emphasized the importance of diversifying portfolios. He noted that this approach supports critical social interventions in health, education, and economic empowerment. We must explore investment options beyond traditional fixed income.

He also advocated for using AI tools to optimize portfolio allocations in pension schemes. Mr. Boamah mentioned that AI is already helping asset allocation in other parts of the world. Private equity fund managers are leveraging AI for research, and we should adopt similar practices.

The Pension Strategy Conference is an annual event by Axis Pension Trust. It gathers stakeholders from Ghana's pension ecosystem to discuss strategies and share best practices.

This conference aims to navigate Ghana’s changing investment landscape amid economic uncertainties. It provides a platform for knowledge sharing and networking opportunities for pension policy advocacy.