KWAP chief flags concerns, mulls QFII application

In May, Wan Kamaruzaman* took over as chief executive of KWAP, a Malaysian state pension fund with around $30 billion in assets under management. He was previously head of treasury at the $170 billion Employees Provident Fund. What do you see as the main risks to your portfolio at present? Until recently, it was the uncertainty of the general election [in Malaysia, which took place in May]. But now that’s over, we’re very happy we can focus on investment opportunities. A lot of …