2012-05-10
2nd pillar “Finasta” temperate and conservative investment pension funds managed by UAB “Finasta Asset Management” were allowed to invest respectively up to 65 per cent and up to 80 per cent of the value of net assets into transferable securities or money market instruments issued or guaranteed by one issuer – the Government of the Republic of Lithuania.
Permission was issued on condition that the investment will be made into government securities or money market instruments of no less than 6 issues. Besides, no more than 30 per cent of the value of net assets may be invested in government securities or money market instruments of one issue.