KUALA LUMPUR: There is still a lot of room for the Retirement Fund Incorprated (KWAP) to invest in technology companies as the current investment in the technology space is well below the self-set limit.
Chief executive officer Datuk Wan Kamaruzaman Wan Ahmad said KWAP has set a limit of 1% from its over RM100bil total assets to be invested in technology companies but the current total investment in that space of US$70mil is well below the limit set.
“At the moment, investment in the technology space is well below the asset allocation,” he told reporters on the sidelines of the Khazanah Megatrends Forum 2017 (KMF 2017) here today. - Bernama
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