Asset Allocation
Malaysia’s KNB Announces 2023 Returns
The sovereign wealth fund’s profit last year was more than three times that of 2022, as its total assets grew to $14.1 billion.
Tag: Malaysia
Newsmakers
Malaysia’s Employees Provident Fund Names Encik Ahmad Zulqarnain Onn CEO
Ahmad Zulqarnain succeeds Datuk Seri Amir Hamzah Azizan, who left the $211.5 billion fund to become Malaysia’s second finance minister.
Asset Allocation
Emerging Markets Remain Under Pressure
Investors looking for global diversification have had a tough time in recent years, but there are pockets of opportunity.
Newsmakers
Former Goldman Sachs MD Gets 10 Years for Embezzling From Malaysia’s 1MDB
Roger Ng allegedly laundered ill-gotten funds through financing ‘The Wolf of Wall Street.’
Risk
US Recovers More Than $700 Million Stolen From Malaysian Sovereign Wealth Fund
Allegedly stolen funds were used for buying luxury real estate, artwork and gambling.
Regulation
US to Return $196 Million Stolen from Malaysian State Fund
Recovery just a small portion of the $4.5 billion siphoned from 1MDB investment fund.
Newsmakers
Mubadala Suspends Future Goldman Ventures Due to 1MDB Scandal
Abu Dhabi fund awaits the outcome of lawsuit tied to Malaysian corruption case.
Newsmakers
Chief of Malaysia’s Employee Provident Fund Delays Retirement
Mohamad Nasir Ab Latif will stay on another year to help the leadership transition.
Corporate Moves
Malaysia’s KWAP Gets a New Chief
Syed Hamadah Othman replaces Dato' Wan Kamaruzaman Wan Ahmad as the $33.9 billion outlet’s next CEO.
Risk
Malaysia Pension Fund Returns 7.64% in Q2
Slumping investments in emerging markets dampen returns.
Corporate Moves
Malaysia’s Largest Pension Fund Names New CEO
Tunku Alizakri Alias will take over Shahril Ridza Ridzuan’s responsibilities at the end of the month.
Corporate Moves
Malaysia’s Khazanah Enlists Retirement Fund CEO
Shahril Ridza Ridzuan will become the sovereign wealth fund’s new managing director on August 20.
Malaysian Asset Manager Launches Private Equity Unit
New business unit has been two years in the making.
Asset Allocation
Malaysia’s Largest Pension Fund to Sell Columbia Asia Stake
Fund targets 4% global assets increase.
Research
Malaysia’s Largest Pension Returns 14.13% in 2017
Employees Provident Fund also declares highest dividend in 20 years.