EPF investment income rises 20pc to RM57.7b in 2024, driven by GDP growth and equity gains

  • 📰 malaymail
  • ⏱ Reading Time:
  • 34 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 86%

EPF Noticias

Investment,Income,3Q

KUALA LUMPUR, Nov 11 — The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in...

High Court rules Malaysian Bar can’t challenge Pardons Board over Najib’s shortened SRC jail term, says board’s advice part of process leading to Agong’s pardon

“The EPF’s robust performance reflects its investment strategy of maintaining a highly diversified portfolio across major asset classes,” he said in a statement today. Ahmad Zulqarnain said equity investments were a substantial income contributor in 3Q 2024 at RM18.32 billion, compared to RM9.17 billion in 3Q 2023.

As of September 2024, the EPF’s investment assets stood at RM1.22 trillion, with 62.2 per cent allocated to local investments and 37.8 per cent to international investments. This contributed to an increase in the EPF’s new membership, with 364,364 new members registering in 9M 2024, bringing its total membership to 16.1 million.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 1. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

872,000 EPF members make voluntary contributions as of Aug 2024, says Finance MinistryA study says it adds to 'risks of developing psychological and cardiovascular illnesses' among spouses, siblings, children and parents.
Fuente: staronline - 🏆 4. / 75 Leer más »

EPF reports 20% rise in investment income to RM57.57bil for 9M24SELAYANG: 'Insp Sheila' has been discharged and acquitted by a magistrate's court of a charge of insulting the modesty of a lawyer last year.
Fuente: staronline - 🏆 4. / 75 Leer más »