KWAP pension fund plans to invest more in equities

KWAP's CEO, Datuk Wan Kamaruzaman, said at a press conference yesterday (pic) that the country

KUALA LUMPUR: The Retirement Fund Inc (KWAP) plans to increase its equity weight and capitalise on investment opportunities arising from the current global market weakness.

According to its chief executive officer, Datuk Wan Kamaruzaman Wan Ahmad, the country’s second-largest retirement fund has room to increase its equity allocation portfolio investments to reap the benefits of the eventual recovery in the global and domestic stock markets.