Permodalan Nasional Bhd’s will continue to focus on the long-term investment strategy and will not be distracted by short-term volatility, said group chairman Tan Sri Dr Zeti Akhtar Aziz .
Zeti said this during a virtual press conference after announcing the Amanah Saham Bumiputera income distribution for the financial year ending December 2020 today. “These positive developments have also been reflected in the improved performance and domestic equity indices and other asset markets,” she said.
“Additionally, as central banks worldwide are expected to keep interest rates at historical lows, that would result in an ultra low-yield environment, and this is the environment that we we are confronting with,” she added.
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