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Why PNB’s offshore diversification drive has fallen behind

Sara Velezmoro
Permodalan Nasional Berhad’s latest annual report shows that its gradual increase in exposure to foreign assets does not appear sufficient to meet a stated end-2022 target.
Why PNB’s offshore diversification drive has fallen behind

In a media briefing announcing its 2020 annual report on April 8, Permodalan Nasional Berhad (PNB) was eager to highlight its growth in assets under management, increase in unit holders and continued strides towards diversification.

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