Malaysia’s Employees Provident Fund seeks more diverse exposure

[SINGAPORE] Malaysia’s largest state pension fund, the Employees Provident Fund (EPF), is seeking to expand its exposure to other regions to ensure a well-balanced and resilient portfolio, it said on Wednesday (Apr 16).

EPF, one of the world’s biggest pension funds, in common with other major investors is grappling with the uncertainty triggered by US President Donald Trump’s tariffs and policy orders.

In an emailed statement, the fund said the US remained a critical partner in global trade. Together with China, it said, the US was central to its globally diversified portfolio because of the size, liquidity and global influence of the two markets.

It did not give detail on how it was seeking to diversify its holdings.

As of end-2024, the EFP had RM1.25 trillion (S$372 billion) of investment and its global assets generated 50.3 per cent of its total investment income, while making up 37 per cent of its total porfolio, according to a statement in March.

Domestic made up 63 per cent of its investment, generating 49.7 per cent of its total investment income. REUTERS