The Public Investment Corporation (PIC) is a South African investment management company that manages investments on behalf of public sector pension funds and other clients. Here's a brief overview: The PIC invests in various asset classes, including: - Listed equities (shares) - Bonds - Private equity - Real estate - Infrastructure Their goal is to generate strong long-term returns while managing risk. The PIC is a significant player in the South African financial markets and has a diverse portfolio of investments locally and internationally.
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