KUALA LUMPUR: Kumpulan Wang Persaraan (KWAP), also known as Retirement Fund Inc, hopes to increase its fund size to RM80bil from RM70.52bil in view of higher gross investment income as well as the Federal Government and employers' contributions.
“We grow by about RM9bil annually so we hope to reach about RM80bil by the end of this year,” KWAP chief executive officer Datuk Azian Mohd Noh told reporters yesterday after the release of the fund's 2010 financial results.
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