Malaysia’s Biggest Pension Fund Looks Overseas for More Gains

About This Source - Bloomberg Markets and Finance

Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent Bloomberg Markets and Finance Items:

  • B Capital’s Narang on Funding, M&A, Business Strategy
  • Hard to See Rates Going Up in Next Few Years, HSBC Says
  • Barclays Informally Gauged Interest for CEO Staley’s Role
  • Jun.30 — Malaysia’s largest pension fund is investing more overseas as it seeks to beat the 4% to 5% return it has been achieving. The Employees Provident Fund, which has about $216 billion in assets, has been expanding its global portfolio to maintain high dividends for Malaysian workers in the face of limited opportunities onshore, Chief Executive Officer Alizakri Alias said in an exclusive interview with Bloomberg’s Haslinda Amin.

    Leave a Comment