PETALING JAYA: The Employees Provident Fund (EPF) will not be investing in foreign-exchange (forex) schemes despite claims of high returns, due to the risks involved and the fact that these schemes do not have underlying assets.
“The EPF does not view forex or currencies as a viable investment class because it is a very high risk activity,” its chief executive officer Datuk Shahril Ridza Ridzuan said.
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