KUALA LUMPUR: A special Employees Provident Fund (EPF) withdrawal of RM10,000 will have an impact on the country's fund flows, as higher net selling from local institutional funds is anticipated.
CGS CIMB said the potentially higher net selling from local institutional funds was due to the requirement for the EPF to raise liquidity for possible withdrawals by its members.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
