Malaysia Pension Fund Says Global Selloff Offers Chance to Buy

KWAP to up foreign investment portion to 30% by 2025 from 20%
Fund to enlarge allocation to private market space, CEO Says

WATCH: Malaysia’s state pension fund aims to increase its overseas investments as it views this year’s turbulence in the financial markets as an opportunity to buy. Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Haslinda Amin and Ravil Shirodkar

September 20, 2022 at 11:00 PM UTC

This article is for subscribers only.

Malaysia’s state pension fund aims to increase its overseas investments as it views this year’s turbulence in the financial markets as an opportunity to buy.

The Kumpulan Wang Persaraan (Diperbadankan), or KWAP, plans to increase the proportion of foreign investments in its portfolio to 30% by 2025 from 20% at present, Chief Executive Officer Nik Amlizan Mohamed said in a Bloomberg TV interview on Tuesday. The pension fund for civil servants held 159 billion ringgit ($35 billion) in assets at the end of 2021.