EPF posts higher returns, will double PE exposure
The CEO of Malaysia's $161 billion Employees Provident Fund attributed its strong 2015 performance to broad diversification, and says it will further boost its alternatives allocation.
Malaysia’s Employees Pension Fund posted higher returns last year than in 2014 despite high volatility in its local market and a weakening ringgit, and will expand its alternative asset portfolio including at least doubling its private equity allocation.
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