KUALA LUMPUR: Retirement Fund Inc (KWAP) is optimistic about domestic market growth this year and aims to increase investments in the public and priva...
Nik Amlizan and Hazman during a question-and-answer session at KWAP's 2023 financial results announcement today. – BernamapicRetirement Fund Inc is optimistic about domestic market growth this year and aims to increase investments in the public and private segments.
“We are also expecting the ringgit to strengthen this year, which will benefit our domestic investments,” Nik Amlizan told reporters at KWAP’s Financial Year 2023 results briefing today. The solid performance reflects KWAP’s effective investment strategies and asset allocation decisions. In FY23, KWAP’s asset allocation outlined a distribution encompassing 47.9% in public equity, 35.5% in fixed income, 5.3% in real estate, 4.8% in private equity, 2.1% in infrastructure, and the remaining 4.4% in money market.
“We are also structuring our investment effort and initiatives around the Madani framework, and this approach allows us to deliver positive returns for our beneficiaries while contributing to Malaysia’s sustainable development. Chief investment officer Hazman Hilmi Sallahuddin said KWAP aims to increase its foreign investment to 30% and double its private market exposure to slightly above 20%.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Purata Gaji Sebulan Pekerja Di Kuala Lumpur Paling Tinggi, Kelantan Terendah Di MalaysiaPenemuan Banci Ekonomi 2023 menunjukkan Kelantan menjadi negeri paling rendah purata gaji sebulan yang diterima pekerja dengan jumlah sebanyak RM2,070.
Read more »
Lee Joon-gi set to meet fans in Kuala LumpurMULTITALENTED South Korean actor and singer Lee Joon-gi is set to hold his first-ever fan meeting in Malaysia, marking his debut appearance in the cou...
Read more »
Acson Malaysia rai ulang tahun ke-40 di The Starhill, Kuala LumpurSangat teruja untuk meraikan pencapaian cemerlang mereka dalam bidang inovasi, kualiti serta kepuasan pelanggan.
Read more »
Financial woes to be over soon for Kuala Lumpur FCRussia is throttling access to Alphabet Inc’s YouTube as the Kremlin moves toward blocking one of the last US social media sites still available in the country.
Read more »
ERL, Arex launch new airport rail bundle connecting Kuala Lumpur and IncheonKUALA LUMPUR: YTL Corporation Bhd’s (YTL Corp) subsidiary, YTL Cement Bhd, has entered into a conditional sale and purchase agreement (SPA) with 98 Holdings Pte Ltd for the proposed acquisition of shares in NSL Ltd for S$227.61 million (about RM792.32 million) in cash.
Read more »
SHINee's Taemin Is Coming To Kuala Lumpur For His Upcoming World TourThe prince of K-pop in Malaysia!
Read more »