Trust lost over 85m euros in pensioners over last year

The Kosovo Pension Savings Fund has completed the year 2018 with over 85m euros in losses. This institution during the year we left behind has seen a decline in investment performance by 5.2 percent.

This decline has been reasoned with fluctuation in global financial markets, yet connoisseurs of economic issues have sought responsibility from this institution for risking citizens' contributions, writes “Koha Ditore” today.

According to them, the Trust's investment and riskability is one of the unclear factors over the years and have demanded greater transparency over the risk level, which, they say, would enable contributors not only to be informed of the return but also about the risk of investments.

In the Trust, meanwhile, they have stressed that in performance for 2018 it has reflected that all financial markets have been negatively closed this year.

By the end of the third quarter 2018 gross returns from FKPK investments had been around 22m euros, the period during which financial markets had also been in positive quota”, the institution has announced. But, according to him, the fourth quarter of 2018 suffered a sharp decline in financial markets for several main reasons.