EPF’s outsourced investment assets rose 17.2% in 2020

Malaysia’s Employees Provident Fund outsourced 155.18 billion ringgit (US$37.26 billion) of its investment assets to external fund managers last year, 17.2% more than the 132.41 billion ringgit outsourced in 2019.

The outsourced amount represents 15.55% of the EPF’s 998 billion ringgit of total investment assets as of end-2020, up from 14.12% in 2019.…

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