KWAP fund size rises 12%


KUALA LUMPUR: Retirement Fund Inc (KWAP) recorded a 12% growth in its fund size to RM84.92bil in the second quarter of this year from RM75.75bil in the previous corresponding period.

Chief executive officer Datuk Azian Mohd Noh said KWAP’s gross investment income increased by 21% to RM2.84bil during the current quarter, compared with RM2.34bil a year earlier.

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