Investment Portfolio

During a valuation carried out by Deloitte, the LIA’s combined assets were valued at approximately US$67 billion as of 31 December 2012, a significant portion of which remains frozen under sanctions imposed by the United Nations Security Council, at the express wish of the Libyan Government. The LIA’s portfolio incorporates indirect and direct investments, approximately 40% are deployed through indirect investments in companies, investment funds and portfolios belonging to the Libyan Foreign Investment Company (LAFICO), the Libya Africa Investment Portfolio (LAP), the Long Term Portfolio (LTP), the Oilinvest Group and the Libyan Local Investment & Development Fund (LLIDF). These five subsidiaries report to the Board of Directors at monthly Board Meetings. Although formal meetings may be monthly, the subsidiaries report continuously to the LIA operations team and the executive management.

The remaining 60% of the assets are directly managed by the LIA investment team and are invested across three main asset classes; a) Equities portfolio that is internally-managed and is comprised of stocks in blue chip companies in the main international markets, b) Fixed Income and Money Markets in-house managed portfolio that consists of Government and Corporate Bonds as well as money market instruments, c) Alternative Investments portfolio of Real Estate and externally-managed funds.

The LIA’s strategy and investment approach is to more efficiently manage wealth for future generations and to effectively contribute to the sustainable development and diversification of sources of income.

If you wish to know more about the LIA’s investments please contact us at info@lia.com.mt.