EPF eyes more infrastructure assets

Deal signed: (from left) Ekovest chairman Tan Sri Lim Kang Hoo, MD Datuk Seri K.C. Lim, EPF senior GM private markets Mohamad Hafidz Kassim and Nasir at the signing ceremony.

Pension fund sets a minimum threshold of 10% IRR for assets with steady cash flow

KUALA LUMPUR: Faced with the daunting task of sustaining the returns on its investments in equities and fixed income instruments in a low interest-rate environment, the Employees Provident Fund (EPF) is looking to expand its investments in infrastructure assets that have steady cash flow.