Tag : epf

Malaysia’s $177 billion state pension fund continues its drive to diversify more into foreign investments, as its assets maintain their rapid growth.

The nation’s largest institutional investor, the Employees Provident Fund, has been urging fund houses to expand their investment teams, increasing its own staff as AUM rises.

Malaysia’s $170 billion Employees' Provident Fund, struggling to compete with global capital inflows, will gradually increase external allocation.

East Asians must take more responsibility for their pension needs, as government- and employer-backed systems struggle to provide sufficient retirement income, finds a new study.

Some of the region's biggest social-security and pension funds convened in Sydney this week to discuss topics such as overseas investing and annuity provision.

The new hires will oversee the administrative arm of the country’s forthcoming voluntary private retirement scheme.

Managers can now apply for licences to provide products under Malaysia’s proposed private retirement scheme. The Securities Commission answers AsianInvestor's questions about how the system will work.

The Malaysian firm is pitching for more institutional mandates and hopes to benefit from money contributed to the state-run Employees Provident Fund being shifted into unit trusts.

Despite offering relatively low margins and fees, the region's retirement markets have huge long-term potential for asset managers, argues Cerulli Associates.

Abu Dhabi Commercial Bank pays $1.2 billion for the 25% stake in RHB Capital, MalaysiaÆs fourth largest bank. EPFÆs stake will be cut from 82% to 57%.

It becomes the second foreign fund manager licensed to conduct institutional business in Malaysia.

It also seeds a new Southeast Asia resources fund with partners CIMB and Standard Bank.