EPF likely to disburse more funds


THE Employees Provident Fund (EPF) expects to disburse more funds to be managed by its external fund managers and may appoint new fund managers in view of the rapid growth in the size of the funds it currently manages. 

Under a plan outlined in Budget 2005, the EPF will increase the funds allocated to its 12 external portfolio managers from the current RM6bil to RM12bil. 

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