Corporate News
EPF's diversification pays off
- Assuming there are no major impairments, the EPF should be able to announce a return of close to 5%, which if achieved, would be a feather in the cap for the fund.
- As for Permodalan Nasional Bhd (PNB), its funds, particularly the ASB was set up to increase Bumiputera equity participation in the corporate sector.
- When the large capitalised stocks of Bursa Malaysia outperform, funds under PNB do well, particularly ASB.
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