Kumpulan Wang Persaraan (KWAP) will review its asset allocation strategy in the new year, it's chief executive Datuk Wan Kamaruzaman Wan Ahmad(pic) said at Reuters Global Investment 2018 Outlook Summit. Its current international investments include US ride-hailing firm Uber Technologies Inc, he said.
LONDON: The Retirement Fund Inc (KWAP) has acquired a 45% stake in Vortex Solar Investments S.a.r.l. for £67.5mil (RM367mil) from Vortex, one of Europe’s foremost renewable energy investment platforms.
According to KWAP chief executive officer Datuk Wan Kamaruzaman Wan Ahmad, the acquisition of Vortex Solar will mark the country’s second largest pension fund first direct investment in the renewable energy sector.
