PNB to diversify portfolio, expand global exposure to 30% by 2022


PNB Group chairman Tan Sri Dr Zeti Aziz said, “The extensive Mid-Term Review enabled PNB to gather critical insights and analyses of our current dynamics, strengthening our strategic direction as PNB advances forward."

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) will tactically increase its investments global to 30% by 2022, from its current global exposure of 8.5% as of end-2019 following the conclusion of its Mid-Term Review.

It said on Monday it would continue to accelerate portfolio diversification via investments into new asset classes and geographies, including global real estate opportunities with attractive yields.

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