EPF adds $1.3bn in global RE, bonds, equities
Malaysia’s $177 billion state pension fund continues its drive to diversify more into foreign investments, as its assets maintain their rapid growth.
Malaysia’s Employees Provident Fund (EPF) invested $1.3 billion in global real estate, bonds and equities in the first quarter of 2013, raising its total overseas allocation to 17.55%, from roughly 14% nearly a year ago.
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