Posted on 2017-08-04
Each year the Board of Directors of the Panama savings Fund (FAP) approved a new investment plan, which has already been done for the 2017-2018 period.
The plan of investment for this year is composed of liquid assets in cash that will represent 5%, while Global fixed income will be 71%, 4% inflation-indexed sovereign bonds and the income Variable (corporate actions): 20%.
It is composition lets see an increase of the equity of 5% compared to the previous year, according to Abdiel Santiago, technical Secretary of the FAP, this is because most promising expectations of global economies, especially the U.S. where most of the assets of the FAP are reversed.
Santiago added that the Fund has a moderate rally in fixed-income assets, which are susceptible to increases in interest rates.
The Board of Directors of the FAP is chaired by José Abbo and are in charge of designing the structure of investments.
The single Fap invests in international titles to date, but will be presented a new law by the Executive which includes local investments.
Audited the first quarter numbers
Source: AN PanamaTweet
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