As a result, JP Morgan Chase will be the Agency's main broker-dealer in foreign investment to carry out trading transactions in foreign financial markets on the instructions of the state institution and in compliance with the Georgian law.

From March 2022, under the decision of the Investment Council of the Pension Agency, the diversification of its investment portfolio entered an active phase. Consequently, the Pension Agency started the process of buying the United States Dollar currency, with 4.2% of its investment portfolio invested in Dollars as of March 31. The Agency said the next step in the diversification of its investment portfolio would involve investing funds in global financial instruments. 

To be informed, with over $400 billion in market capitalization, JP Morgan Chase is one of the global leaders in financial services.