Ireland's National Pensions Reserve Fund (NPRF) has posted a 2.4\% return for the first quarter (9.6\% annualised ). On March 31, the funds value stood at €12.3bn, a rise of €290m (excluding state contributions) since December 31. Mr Geaney, former Élan CEO, has pursued a policy of diversification since February of this year, with the stated aim of placing a larger amount of the funds assets in companies with small market capitalisations and in property funds.
Ireland's National Pensions Reserve Fund (NPRF) has posted a 2.4\% return for the first quarter (9.6\% annualized ). On March 31, the funds value stood at €12.3bn, a rise of €290m (excluding state contributions) since December 31. Mr Geaney, former Élan CEO, has pursued a policy of diversification since February of this year, with the stated aim of placing a larger amount of the funds assets in companies with small market capitalizations and in property funds.
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