KWAP's Chief on Missing Out Abroad

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KWAP's Chief on Missing Out Abroad

The Retirement Fund Inc (KWAP) hasn’t been shy about its ambitions to broaden investments overseas, as assets’ returns from abroad continue to outstrip its local portfolio. CEO Wan Kamaruzaman Wan Ahmad speaks to AWANI Review's Cynthia Ng.

AS 2017 comes to an end, CEO Wan Kamaruzaman Wan Ahmad tells AWANI Review his reflections for the year and what he would have done differently as KWAP faces a growing public sector pension liability. The second-largest pension fund in the nation has assets under management worth 125 billion ringgit, with only around 12 percent of its portfolio are invested overseas. “We would had liked to invest more abroad because overseas investments has generated 9.58 percent returns compared to local...

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