Malaysia’s KWAP looks beyond profits on ESG allocations

The Malaysian pension fund Kumpulan Wang Persaraan (Diperbadankan), also known as KWAP, has increased its focus on environmental, social, and governance (ESG) standards and their ability to create sustainable returns. Hazman Hilmi Sallahuddin KWAP “With regards to SAA, internally we do not just view it as strategic asset allocation, but we also view it as sustainable asset allocation. It is a different way of approaching our portfolio management,” Hazman Hilmi Sallahud…