{"id":25987,"date":"2025-12-29T14:50:26","date_gmt":"2025-12-29T13:50:26","guid":{"rendered":"https:\/\/veritasinfo.org\/?p=25987"},"modified":"2025-12-29T14:50:26","modified_gmt":"2025-12-29T13:50:26","slug":"fondi-i-kursimeve-pensionale-renie-me-e-ulet-se-tregjet-globale-dhe-tarifa-me-te-uleta-historike","status":"publish","type":"post","link":"https:\/\/veritasinfo.org\/?p=25987","title":{"rendered":"Fondi i Kursimeve Pensionale: R\u00ebnie m\u00eb e ul\u00ebt se tregjet globale dhe tarifa m\u00eb t\u00eb ul\u00ebta historike"},"content":{"rendered":"<p>Prishtin\u00eb 29 Dhjetor 2025 14:49<\/p>\n<p>Gjat\u00eb deklaratave t\u00eb dh\u00ebna sot n\u00eb objektin e Trustit, drejtori menaxhues Adrian Zalli dhe kryesuesi i bordit Emanuel Bajra kan\u00eb folur p\u00ebr r\u00ebnien e tregjeve financiare pas tarifave t\u00eb presidentit Trump, strategjin\u00eb afatgjate t\u00eb investimeve, ndarjen e rrezikut sipas grupmoshave, si edhe p\u00ebrpjekjet institucionale p\u00ebr ruajtjen e performanc\u00ebs, uljen e tarifave dhe menaxhimin e q\u00ebndruesh\u00ebm t\u00eb aseteve t\u00eb kontribuuesve.<\/p>\n<p>Drejtori menaxhues i Fondit t\u00eb Kursimeve Pensionale t\u00eb Kosov\u00ebs, Adrian Zalli, ka folur p\u00ebr r\u00ebnien e tregjeve gjat\u00eb muajit prill, n\u00eb koh\u00ebn kur u implementuan tarifat nga presidenti Trump, duke theksuar se p\u00ebrderisa tregjet kishin r\u00ebnie deri n\u00eb 20%, fondi kishte r\u00ebnie rreth 7%.<\/p>\n<p>\u201cKjo \u00ebsht\u00eb ndarja e rreziqeve p\u00ebr p\u00ebrfolje sipas grupmoshave, dmth dikush mund t\u00eb marr\u00eb m\u00eb shum\u00eb rrezik p\u00ebr shkak t\u00eb moshave m\u00eb t\u00eb reja dhe \u00ebsht\u00eb m\u00eb gjat\u00eb n\u00eb institucion, nd\u00ebrsa p\u00ebr ata q\u00eb jan\u00eb af\u00ebr pensionimit p\u00ebr ta rrezikshm\u00ebria \u00ebsht\u00eb 0%.Tregjet financiare historikisht nga natyra jan\u00eb t\u00eb paparashikueshme, dometh\u00ebn\u00eb del nj\u00eb tarif\u00eb e paparashikuar dhe natyrisht tregjet reagojn\u00eb kund\u00ebr saj, qysh reaguan n\u00eb muajin mars, prill. Por me kalimin e koh\u00ebs, kur e shikojm\u00eb afatgjat\u00eb, gjithmon\u00eb kjo \u00ebsht\u00eb strategjia jon\u00eb investuese. Ne nuk investojm\u00eb p\u00ebr vitin pasues; strategjia jon\u00eb \u00ebsht\u00eb 5 vje\u00e7are, n\u00ebse e shikoni edhe strategjin\u00eb q\u00eb e kemi publikuar n\u00ebp\u00ebr faqe, \u00ebsht\u00eb di\u00e7ka q\u00eb e kemi t\u00eb sistemuar t\u00eb till\u00eb\u201d, theksoi Zalli.<\/p>\n<p>Emanuel Bajra, kryesues i Bordit t\u00eb Fondit t\u00eb Kursimeve Pensionale t\u00eb Kosov\u00ebs, ka ndar\u00eb me publikun disa detaje mbi sfidat dhe pun\u00ebn e institucionit q\u00eb drejton, duke theksuar v\u00ebshtir\u00ebsit\u00eb e operimit n\u00eb nj\u00eb ekosistem me mandate jasht\u00ebzakonisht pasive, por edhe p\u00ebrpjekjet p\u00ebr t\u00eb ruajtur performanc\u00eb dhe menaxhim t\u00eb q\u00ebndruesh\u00ebm. Kryesues i Bordit t\u00eb Fondit t\u00eb Kursimeve Pensionale t\u00eb Kosov\u00ebs tregon sfidat q\u00eb ka ky institucion<\/p>\n<p>\u201cN\u00ebse i keni v\u00ebrejt tarifat, kemi reduktim t\u00eb tarifave, rritje t\u00eb aseteve edhe performanc\u00eb t\u00eb mir\u00eb, dometh\u00ebn\u00eb \u00ebsht\u00eb nj\u00eb kombinim q\u00eb \u00ebsht\u00eb dasht\u00eb bukur pun\u00eb me b\u00eb, duke e luftu inflacionin, duke luftu pasigurin\u00eb, duke e luftu edhe sensin q\u00eb kontribuuesi kosovar meriton m\u00eb mir\u00eb. Edhe un\u00eb po besoj q\u00eb n\u00eb pozicion t\u00eb tarifave investuese jemi 0.30%, p\u00ebrderisa operacionalet 0.47%, dometh\u00ebn\u00eb historikisht m\u00eb t\u00eb ul\u00ebta q\u00eb kan\u00eb ekzistuar ndonj\u00ebher\u00eb, me nj\u00eb menaxhim t\u00eb buxhetit me shum\u00eb fokus, jo vet\u00ebm t\u00eb bordit, po edhe t\u00eb ekipit menaxhues t\u00eb fokusuar n\u00eb performanc\u00eb. Si institucion, historikisht i bartim ato mandate edhe e kemi p\u00ebr detyrim, por ndonj\u00ebher\u00eb duhet me dal\u00eb edhe jasht\u00eb l\u00ebkur\u00ebs t\u00ebnde, n\u00eb m\u00ebnyr\u00eb q\u00eb, si\u00e7 e thash m\u00eb her\u00ebt, \u00ebsht\u00eb shum\u00eb e v\u00ebshtir\u00eb me operu me nj\u00eb ekosistem ku je i pozicionuar me mandate jasht\u00ebzakonisht pasive, p\u00ebrderisa krejt koh\u00ebn je i preokupuar q\u00eb ky pasivitet, ndoshta me disa taktika t\u00eb vogla, mund ta arrij\u00eb dinamik\u00ebn dhe kjo \u00ebsht\u00eb rezultat\u201d, theksoi Bajra.<\/p>\n<p>P\u00ebrfaq\u00ebsuesit e Fondit t\u00eb Kursimeve Pensionale t\u00eb Kosov\u00ebs theksuan se luhatjet e tregjeve financiare, t\u00eb nxitura nga faktor\u00eb t\u00eb paparashikuesh\u00ebm global\u00eb, kan\u00eb ndikuar edhe n\u00eb investimet e fondit, por me nj\u00eb r\u00ebnie duksh\u00ebm m\u00eb t\u00eb ul\u00ebt krahasuar me tregjet nd\u00ebrkomb\u00ebtare.<\/p>\n<p>Ata n\u00ebnvizuan se strategjia investuese e Trustit mbetet e orientuar n\u00eb afatgjat\u00eb, me menaxhim t\u00eb kujdessh\u00ebm t\u00eb rrezikut sipas grupmoshave, ulje t\u00eb tarifave n\u00eb nivele historike dhe fokus t\u00eb vazhduesh\u00ebm n\u00eb mbrojtjen dhe rritjen e kursimeve t\u00eb kontribuuesve, pavar\u00ebsisht sfidave ekonomike dhe pasigurive globale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prishtin\u00eb 29 Dhjetor 2025 14:49 Gjat\u00eb deklaratave t\u00eb dh\u00ebna sot n\u00eb objektin e Trustit, drejtori menaxhues Adrian Zalli dhe kryesuesi i bordit Emanuel Bajra kan\u00eb<\/p>\n","protected":false},"author":6,"featured_media":25988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-25987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shoqerore-sq"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin 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