Retirement Fund Inc or KWAP said it
PETALING JAYA: Malaysian government funds’ investments in UK properties are still “in the money” despite the sharp depreciation in the pound sterling and the decline in the property market.
An industry expert opined that these funds could consider divesting some of these assets, considering that most of these investments were made five years ago when the exchange rate was still favourable.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
