KWAP to invest $9bn in local private markets in next five years
The $40 billion Malaysian public pension fund will adjust its strategic asset allocation plan for 2025 to support local high-growth, high-value sectors under a government initiative.
Malaysia’s public pension fund will alter its 2025 strategic asset allocation, allowing it to "better execute" a commitment to investing RM40 billion ($9.3 billion) in the domestic private market, according to Hazman Hilmi Sallahuddin, CIO of Kumpulan Wang Persaraan (Diperbadankan), or KWAP.
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