KWAP posts record net income in 2024


KWAP chief executive officer Datuk Nik Amlizan Mohamed.

PETALING JAYA: The Retirement Fund Inc, or KWAP, which saw its fund size grow 9% or RM15.8bil to RM185.6bil in 2024, remains focused on navigating an increasingly complex global environment through a data-driven approach, robust risk management and a diversified portfolio.

In a statement, the statutory body which manages the pension scheme for Malaysia’s civil servants said this strategy enables the fund to capitalise on opportunities while mitigating risks, ensuring long-term resilience.

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