Affin offers service to EPF and KWAP

KUALA LUMPUR: Affin Holdings Bhd aims to tap institutional money from Kumpulan Wang Persaraan (KWAP) and the Employees Provident Fund (EPF) via its collaboration with Japanese brokerage Daiwa Securities Group Inc, which has yielded sales of some RM100mil since the pact was inked last December.

Affin Investment Bank (Affin IB) managing director Maimoonah Hussain said the sales so far consisted of only inbound investments into Malaysia from Japan, and Affin was hoping to start making outbound investments soon.