PETALING JAYA: The Employees Provident Fund (EPF) has asked all 42 trust fund management institutions sanctioned by the Finance Ministry to pay more attention to EPF members’ investments in trust funds.
EPF chairman Tan Sri Abdul Halim Ali said in a statement that the Fund viewed seriously the losses suffered by its members who had invested in trust funds and had as a result sent a proposal to the Federation of Malaysian Unit Trust Managers asking fund management institutions to tighten the process, procedures and management of investment risks.