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Leading International Investor, Leapfrog has acquired a 25 percent stake in Petra Trust after investing fresh capital into the firm.

This would ensure a massive turn around in the operations of the local pensions trustee.

Briefing journalists on the significance of the acquisition, Deputy Managing Director of Petra Trust, Chris Adu Hammond said they are determined to capture a large portion of the pensions market.

"What is very exciting to me is that going forward with the push that Pensions are going to be making we are going to see more equities being listed we are going to see corporate bonds…"

"Each of them provide liquidity to some aspect of the economy, Adu Hammond explained.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.