You are here

Malaysia's US$30b pension to allot more money for foreign deals

The fund is banking on an overseas boost to its coffers as domestic returns slow, possibly by up to 15%

Kuala Lumpur

MALAYSIA'S Retirement Fund Inc aims to lift the overseas portion of its investment portfolio to as much as 15 per cent from 12, as the US$30 billion pension fund looks to boost performance while domestic returns slow, its chief executive told Reuters.

Kumpulan Wang

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom