EPF braces for a tough year

Giving a frank view that the pension fund with assets under management of some RM680bil has got off to a tough start, its chief executive officer Datuk Shahril Ridza Ridzuan(insert pic top right) said that it was bracing itself for a difficult year ahead, given the ongoing investment climate and poor corporate results.

PETALING JAYA: The Employees Provident Fund (EPF) sent a chilling note of caution to prepare for a tough year ahead, as the global and domestic markets continue to be roiled by uncertainties and volatility.

Giving a frank view that the pension fund with assets under management of some RM680bil has got off to a tough start, its chief executive officer Datuk Shahril Ridza Ridzuan said that it was bracing itself for a difficult year ahead, given the ongoing investment climate and poor corporate results.