EPF outsources RM114 bil to external portfolio managers
KUALA LUMPUR (April 17): The Employees Provident Fund (EPF) said a total of RM114.56 billion had been outsourced to external portfolio managers as at Dec 31, 2017, an increase of 9.80% compared with RM104.37 billion in 2016.
This allocation, invested in both equity and fixed income instruments, represented about 14.50% of EPF’s total investment assets, it said in a press release today.
KUALA LUMPUR: Vitrox Corp Bhd, a maker of test equipment for the semiconductor industry, says strong demand for automated board inspection (ABI) machines boosted its earnings in the first quarter ended March 31.
LONDON: The euro sagged and equities pushed higher on Thursday (Apr 26) as the ECB warned of threats to economic growth and signalled easy money policies could stay if necessary.
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