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Malaysia's Khazanah reports 77% drop in operating profit

Edward Tang
The sovereign wealth fund posted a 19% time-weighted rate of return on its commercial fund despite expectations of a negative return.
Malaysia's Khazanah reports 77% drop in operating profit

Malaysia’s sovereign wealth fund Khazanah Nasional reported a 77% drop in operating profit in 2021 due to Covid-related financial assistance to the tourism sector and poor investment gains.

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