Public Investment Corporation

Public Investment Corporation (PIC) is a significant player in investment management, boasting over a century of experience in managing public sector funds. With R1,907 trillion in assets under management as of 31 March 2020, the PIC stands as one of the largest and most successful investment managers in Africa. This government-owned entity has a proven track record of delivering healthy returns for its public sector clients while also contributing to the socio-economic development of South Africa. The PIC's investment approach encompasses a mix of asset classes, including equities, fixed income and dealing, properties, and unlisted investments. The company's primary objective is to grow and safeguard the entrusted assets while continuously exploring avenues to benefit the South African population, especially the disadvantaged. Notably, the PIC is committed to developmental investment and actively promotes Environment Social and Governance (ESG) issues across all asset classes. As a signatory to the United Nations Principles for Responsible Investments and the United Global Compact, the PIC is dedicated to upholding these principles and is steadfast on its sustainability trajectory. Overall, the Public Investment Corporation is steadfastly committed to serving its clients and upholding its role as a leader in developmental investment within the region.