LTAT to raise public equity allocation to 50% as it eyes overseas investments

Lembaga Tabung Angkatan Tentera (LTAT) chief executive officer Datuk Ahmad Nazim Abdul Rahman

KUALA LUMPUR: The Armed Forces Fund Board (LTAT) aims to increase its public equity exposure to 50 per cent through the realignment of its asset allocations as it plans to make a foray into international markets.

Chief executive officer Datuk Ahmad Nazim Abdul Rahman said the retirement fund targets to increase its public equity allocation to 50 per cent from 44.1 per cent, with 20 per cent to be dedicated for foreign investments.