EPF outsources RM114 bil to external portfolio managers
KUALA LUMPUR (April 17): The Employees Provident Fund (EPF) said a total of RM114.56 billion had been outsourced to external portfolio managers as at Dec 31, 2017, an increase of 9.80% compared with RM104.37 billion in 2016.
This allocation, invested in both equity and fixed income instruments, represented about 14.50% of EPF’s total investment assets, it said in a press release today.
ANALYSIS: I enjoy both virtual reality and Mario Kart games, so I’ve wanted to play Mario Kart VR ever since it was announced. Unfortunately, like 99.994 percent of the population, I would have to physically travel to a different city just to play it: One year after its release, Bandai Namco and Nintendo have only made […]