The Alexander Forbes Umbrella Retirement Fund (AFRF) has announced that it had surpassed a landmark BWP 5 billion in assets under management by the end of the first quarter of 2026, marking a significant milestone in its growth trajectory and reinforcing its position within Botswana’s institutional investment landscape. Since 2012 when assets stood at BWP 380 million, the Fund has grown more than thirteenfold. This expansion reflects sustained investment performance, disciplined execution, and strong trustee-led...
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