PIC's eyes on Barclays stake

26 January 2016 - 02:12
By Bloomberg

The Public Investment Corporation, manager of the bulk of the South African government's pension fund money, said it would be interested in increasing its stake in Barclays Africa. "The fact that Barclays Africa has a strong platform across the continent means that it would be a good partner for the PIC as it rolls out its strategy in Africa," said Dan Matjila, chief executive officer of PIC.

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