BT Explains: How a greater pivot towards domestic investments will impact Malaysia’s EPF

[KUALA LUMPUR] Malaysia’s Employees Provident Fund (EPF) – one of the world’s oldest and largest retirement funds – is looking at ways to pivot its investment strategy by channelling more funds domestically to aid the country’s economy.

This was sparked by Prime Minister Anwar Ibrahim’s call last month for EPF to boost its domestic direct investments to 70 per cent of its total investment assets by the end of this year, from about 64 per cent in 2022.

This, said Anwar, will help support Malaysia’s capital markets, strategic industries and infrastructure investments over the long term.