Should GLICs relook foreign investments amid market selldown?

Malaysia’s government-linked investment companies (GLICs) have been actively looking to acquire more foreign assets, especially equities.Among such GLICs are the Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB) and the Armed Forces Fund Board (LTAT).

IN recent years, Malaysia’s government-linked investment companies (GLICs) have been actively looking to acquire more foreign assets, especially equities.

Among such GLICs are the Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB) and the Armed Forces Fund Board (LTAT).