High-powered gathering: Permodalan Nasional Bhd chairman Tan Sri Abdul Wahid Omar (third from left), Ranjit, Wan Kamaruzaman (left), PWC Malaysia deal leader Siow Ming Tan (third from right), International Finance Corp Malaysia & Indonesia country manager Azam Khan (2nd right) and Navis Capital Partners managing partner Nicholas Bloy having a discussion at the forum.
KUALA LUMPUR: Retirement Fund Inc (KWAP) will set aside more money in riskier investments, including a plan to double its asset allocation in the private equity (PE) space, as the fund seeks higher yields in a low interest rate environment.
The country’s second-biggest pension fund joins other conservative portfolio managers worldwide in embracing bigger risks to bolster its performance.
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