EPF records RM17.33b in gross investment income for Q3

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

PETALING JAYA: The Employees Provident Fund (EPF) recorded a gross investment income of RM17.33 billion for the third quarter ended Sept 30, amid cont...

The Employees Provident Fund recorded a gross investment income of RM17.33 billion for the third quarter ended Sept 30, amid continued volatility in the capital markets in an operating environment overshadowed by the Covid-19 pandemic.

“Our financial positions over the first three quarters have been affected by the volatility in market sentiments exacerbated by the uncertainties of the pandemic and continued fragile consumer sentiments.” By asset class, fixed income instruments made up 49% of investments while equities comprised 39%. Money market instruments and real estate and infrastructure made up 7% and 5% respectively of investments.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in AU

Australia Australia Latest News, Australia Australia Headlines