MALAYSIA has passed the CalPERS test with higher marks than ever before, but a decision on whether America’s biggest pension fund will return to the local market is to be taken only next week.
Yesterday, Wilshire Consulting, investment advisers to the California Public Employees’ Retirement System – or better known as CalPERS – recommended that Malaysia be included in the giant pension fund’s list of emerging market investments based on its higher scores.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!