EPF: RM108bil outsourced to external portfolio managers


Filings showed that the largest provident fund in the country had disposed of a block of 800,000 shares in DRB-Hicom last Wednesday.

PETALING JAYA: The Employees Provident Fund (EPF) said that a total of RM108bil had been outsourced to external portfolio managers at as Dec 31, 2016, an increase of 10.36%, compared with RM97.86bl in 2015.

This allocation, invested in both equity and fixed income instruments, represented about 14.77% of the EPF’s total investment assets, it said in a release.

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Business , KWSP , EPF , fund manager , external

   

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