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PETALING JAYA: The plan to improve the local stock market's scale and liquidity will not see immediate results as the Government's process of selling down its stakes in government-linked companies (GLCs) and attracting foreign investors to pick up local stocks will take time, according to fund managers and analysts.
THE vast amount of retirement money pooled at the Employees Provident Fund (EPF) has always attracted a lot of attention. Not content with the 5% interest that can be obtained on a compounded basis, savers get convinced that they can make it grow further through various investment schemes.
TOKYO: Japan#8217;s public pension fund, the world#8217;s largest, has issued a tender to select fund managers for planned investments in emerging market equities, an official of the fund said yesterday.
PETALING JAYA: There is a big question over how the local equity market can sustain the interest of foreign fund managers as the benchmark FBM KLCI has risen 18.06% since the May 26 low.