Retirement funds can invest more in private equity, infrastructure - but crypto is a no go

Retirement funds in SA will be able to invest up to 45% of their monies on infrastructure from January 2023. To entice funds to do this, National Treasury will allow them to invest more in private equity, increasing the permitted allocation to that asset class from 10% to 15%.

The 45% limit on infrastructure investments excludes debt instruments issued by the government or loans guaranteed by the state.