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Tabung Haji seeks to diversify but fights shy of risky assets

Sara Velezmoro
The RM82.64 billion ($20.6 billion) Malaysian Hajj fund, which recently completed a restructure, is looking to diversify globally but remains cautious of risky assets.
Tabung Haji seeks to diversify but fights shy of risky assets

Malaysia’s Hajj fund Tabung Haji (TH) is looking to diversify away from Asia Pacific ex-Japan markets into global markets in order to diversify and capture higher risk-adjusted returns, says its executive director of investment Mohamad Damshal Awang Damit.

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