EPF adopts cautious stance on equities in 2018

Shahril: We have to look at an environment of central banks tightening their interest rates.

KUALA LUMPUR: After the encouraging market conditions this year, the Employees Provident Fund (EPF) is taking a cautious stance on the equity market next year, as the global market has been on a bull cycle for a long time.

EPF chief executive officer Datuk Shahril Ridza Ridzuan said that the Malaysian market had done well this year and would continue to grow next year on the back of corporate earnings.