save malaysia!
KWAP targets 30% international investment exposure by 2025
savemalaysia
Publish date: Wed, 31 Jul 2024, 07:35 PM
THE Retirement Fund Inc (KWAP) plans to increase its international investment exposure to 30% by 2025, although the local market has recently shown improved performance.
Chief investment officer Hazman Hilmi Sallahuddin said that as of 2023, 24.4% of KWAP’s investment assets were allocated internationally.
“We are currently on track. The local market is much better than before, but in the long term, we aim to balance our investment exposure at 70% local and 30% international, which we believe is more sustainable,” he said during KWAP’s financial year 2023 performance results announcement today.
He noted that based on the average 20-year record, international investments had consistently provided better returns.
“I believe it’s essential for us to have a more sustainable strategic asset allocation, which is why we have chosen the 70:30 ratio. While both our domestic and international investments are increasing in value, the share of international investments is growing.”
He also stressed that this decision does not imply a reduction in domestic investments, but on the contrary, KWAP is increasing its investments in the local market this year.
“However, the percentage increase may not be substantial,” he added.
In line with the government’s Madani Economy agenda to boost domestic investments, KWAP remains a significant investor in Malaysia, with 75.6% of its investment assets allocated domestically.
Of the total investment assets, 87.7%, or RM149 bil, are in public investments, while the remaining 12.3%, or RM20.8 bil, are in private markets. – July 31, 2024
https://focusmalaysia.my/kwap-targets-30-international-investment-exposure-by-2025/
More articles on save malaysia!
Ringgit rises to near 11-month high against US dollar on July 31, 2024
Created by savemalaysia | Jul 31, 2024
Manufacturing establishments record RM1.89 tril gross output value in 2022 — DOSM
Created by savemalaysia | Jul 31, 2024
Businesses cautious on prospects with ringgit moves, increase in costs as key concerns
Created by savemalaysia | Jul 31, 2024
Bersih chairman refutes ‘Ambiga's 'most dictatorial’ claim against PM Anwar's govt
Created by savemalaysia | Jul 31, 2024
Two law enforcement officers remanded in IMM13 visit pass bribery probe
Created by savemalaysia | Jul 31, 2024
Bursa Malaysia publicly reprimands and fines Zen Tech directors for rules breach
Created by savemalaysia | Jul 31, 2024
New licensing rules require social media providers to ensure safe online environment, says govt
Created by savemalaysia | Jul 31, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
Stock Pick Contest Year 2024
2
https://dividendguy67.blogspot.com
3
Koon Yew Yin's Blog
4
5
save malaysia!
6
Mercury Securities Research
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
