MITSUI Sumitomo (M) Bhd, the country's number one marine cargo insurer has found a way to beat the rising tide of “investment blues'' by diverting some of its massive funds to fixed deposits (FD).
Of the nearly RM400mil it has in its total investment fund, the Japan-based company has of late placed more than RM320mil in FD and is finding the business move not only relatively profitable but more importantly less risky.
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