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KWAP continues overhaul amid domestic turmoil

Richard Newell
The Malaysian state pension is in a period of transition. Having had its global investment ambitions curtailed, the fund is overhauling its manager selection processes, its CEO told AsianInvestor.
KWAP continues overhaul amid domestic turmoil

Malaysian state pension fund KWAP is likely to see turnover of external asset managers increase in the short term, as it implements a new, automated system for awarding mandates, said chief executive Wan Kamaruzaman Binwan Ahmad.

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