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Malaysia's Khazanah says portfolio value rose to US$34.3b in 2015
[KUALA LUMPUR] Malaysian state investor Khazanah Nasional Bhd said the value of its portfolio rose to 150.2 billion ringgit (S$49.2 billion) last year from 145.5 billion ringgit in 2014.
The sovereign wealth fund also said on Wednesday that it expected global and domestic volatility to continue this year after a challenging 2015.
Khazanah's investments include stakes in mobile services provider Axiata Group Bhd, property firm UEM Sunrise Bhd, electricity utility Tenaga Nasional Bhd and lender CIMB Group.