MALAYSIAS largest fund manager, Permodalan Nasional Bhd (PNB), will continue to invest abroad but will remain selective in its approach.
Currently, it has a portfolio of RM1bil of funds invested in the US, Britain and Japan equity markets. The RM1bil represents 5% of the RM20bil of funds PNB owns, president and group chief executive Tan Sri Hamad Kama Piah Che Othman said.
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