EPF aims to increase overseas alts allocation
The Malaysian pension fund expects to raise its overseas exposure partly through raising private market investments, its CEO told delegates at AsianInvestor's forum in Kuala Lumpur.
Malaysia’s $200 billion Employees Provident Fund (EPF) wants to increase the amount it invests overseas over the coming year but with a slight twist -- it wants more of that allocation to sit with private assets, according to its chief executive.
Speaking at AsianInvestor’s Malaysia Global Investment Forum in Kuala Lumpur last week, Shahril Ridza Ridzuan did not quantify just how much the allocation is expected to change.
But he left no doubt about the general direction, dovetai…
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