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Tabung Haji plans to expand global equity mandates

Hugo Cox
The state pilgrims fund of Malaysia is set to expand its diversity of equity investments as part of a strategy to better diversify its investments to support the savings of hajj pilgrims.
Tabung Haji plans to expand global equity mandates

Malaysia’s hajj pilgrims fund, the RM75 billion ($17.9 billion) Lembaga Tabung Haji, is actively seeking global equity mandates as part of a shift in asset allocation that would result in a sizeable allocation to the sector, all through active managers, in the coming months.

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