ValueCap's RM1b ESG fund to be launched by June, says Najib

KUALA LUMPUR: ValueCap Sdn Bhd's Environmental, Social and Governance Index Fund (ESG Fund) of RM1 billion will be launched by June this year, Prime Minister Datuk Seri Najib Tun Razak said.

"I urge other institutional funds to follow suit and allocate at least five per cent of their assets under management for sustainable and responsible investment," he said in his keynote address at the Invest Malaysia 2015 institutional investor conference here today.