Pension funds run by INVL Asset Management, one of Lithuania’s leading asset management companies, acquired 5.5 per cent of the shares of the Lithuanian dairy company Rokiškio Sūris AB for EUR 4.5 million.
Most people in Lithuania think that for good quality of life after retiring they would need 75-100 per cent of their current income. The same level of income as they get now would be sought by 44 per cent of the country’s residents – 48.5 per cent of women and 39.7 per cent of men. Another 30 per cent of people – a third of men (34 per cent) and a quarter of women (27 per cent) – say 75 per cent of their current income would suffice for a quality life as pensioners. These trends were revealed by a survey of investment and saving habits commissioned by INVL Asset Management, one of the country’s leading asset management companies.