Experts say the recent changes of chief executives at state investment funds PNB, EPF and Kwap all have similar explanations, with Khazanah potentially being next.
Malaysia’s sovereign wealth fund has been hit especially hard by Covid-19, to the extent that its chief executive and more of its overseas offices are seen as under threat.
Malaysia's flagship pension fund hits $250 billion with the help of strong returns from overseas, private and externally managed investments, says its outgoing CEO.
The Malaysian state-linked unit trust manager has given factor-based global equity mandates to three fund houses and is mulling investing into new types of illiquid assets, say sources.
The state-linked fund manager’s foreign real estate holdings are largely in the UK, but that is set to change. It recently bought logistics assets in Poland and is eyeing other locations and segments.
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.