NPRF value increases €450m

THE value of the National Pension Reserve Fund increased by €450 million in the first six months of the year.

New figures by the NPRF, which manages the fund, show that it gained 4.5% in value in the first half and the total amount invested stands at €10.6bn.

The fund had made a strong start to the year, but growth eased in April as stock markets went lower.