Paschal Donohoe (Dublin Central, Fine Gael)

The day-to-day management of the funds is done by the National Treasury Management Agency. The NTMA is preparing long-term investment strategies for both funds that will then be subject to consultation with the Minister for Finance and the Minister for Public Expenditure, National Development Plan Delivery and Reform. These strategies are being reviewed and will then be signed off on by the two Ministers. The current investment strategies are being managed in a low-risk way. The funds are only invested in highly rated liquid securities with a low level of inherent risk such as the bonds of countries, as we develop these strategies.

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