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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk
Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Nestle to explore sale of ice cream business

Others Also Read