THE Armed Forces Fund Board (LTAT) is set for a historical transformation. Despite the RM10bil size of its asset under management, the fund plays a significant role in the local stock market with its controlling stakes in some of the major listed companies.
There is great interest in what kind of changes chief executive Nik Amlizan Mohamed will embark on. With her experience in Retirement Fund Inc (KWAP), the country’s largest pension fund, her role in LTAT marks a new era for the fund.
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