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Malaysian pension giants 'eyeing stakes in foreign-owned insurers'

Employees Provident Fund, the state-owned pension fund, was managing RM731 billion of investments as at the end of last year.

Kuala Lumpur

MALAYSIA'S two biggest pension funds, which manage a combined US$203 billion, plan to pursue talks to buy stakes in foreign-owned insurers in the country as the government enforces caps on overseas ownership, people with knowledge of the matter said.


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