Shahril: The EPF has managed to record consistent performance in the quarter, driven by domestic and Asean markets, which recorded positive growth.
KUALA LUMPUR: The Employees Provident Fund (EPF) reported a 9.2% increase in quarterly total investment income of RM12.88bil for the first quarter ended March 31 (Q1’18), with equities accounting for nearly 62% but it remains cautious on the outlook for the year due to increased global trade tensions and weaknesses in key emerging countries.
It said in a statement yesterday the investment income was an improvement from the RM11.79bil a year ago.
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