Malaysia’s $27 Billion Pension Fund to Raise Global Investments

Malaysia’s $27 Billion Pension Fund to Raise Global Investments

Sanjit Das/Bloomberg

Domestically, the retirement savings fund Kumpulan Wang Persaraan, also known as KWAP, has used some of the 5 percent to 10 percent of funds it typically holds in cash to buy Malaysian stocks and bonds during their recent slide, which was triggered by expectations that the U.S. may reduce its monetary stimulus.