Provident Corporate News

1.Pension Fund seminar May 26th at Hilton Park Hotel. Michalis Michael, head of investment advice at Provident Investments, will be one of the speakers on fund management on the
event hosted by imh concerning asset management for Pension Funds in Cyprus. For more information, click here: http://www.imh.com.cy/index.php?id=49
 
2.Pension Fund selects Provident Investments for asset management and investment advice. During 2010 the new regulation and administration regarding
asset management for Provident Funds will be completed. At Provident we have prepared for this over the last 2 years and that gives Provident Funds an international
platform for their asset management. The benefit is the opportunity to build a well diversified investment portfolio by utilizing one source that have access to the whole investment market.    
 
3.Private Equity becomes more and more a natural part of a well diversified investment portfolio. Why invest in private equity companies? The short answer is that unlisted companies historically produce better returns than listed ones. The Swedish Private Equity & Venture Capital Association reports that seen over time private equity investments have generated higher returns than stock market investments. In the last decade private equity investment have yielded approximately 25 percent per year, which should be compared with the OMX 30 index which yielded a negative return over the same period. Private equity, which constitutes an increasing proportion of the total investments made by institutional investors, also provides the opportunity for risk to be spread. Through Provident as an independent investment firm our clients gets access to assets and investment in all classes.