Khazanah to expand investment exposure in the US | Malay Mail

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Khazanah to expand investment exposure in the US

Khazanah Nasional Bhd is expanding its exposure in the US and looking to invest mainly in technology firms utilising data analytics. — AFP pic

Deputy managing director and head of investments, Tengku Datuk Seri Azmil Zahruddin, said at the moment, exposure in the country was still relatively small and the sovereign wealth fund was looking at potential technologies to bring back and apply in Malaysia. “So I think it’s becoming more pervasive and a lot of the big companies are already doing it,” he told Bernama on the sidelines of Future of Work conference here, today.

On Khazanah’s holdings in strategic assets, Tengku Azmir said: “We will certainly hold a minimum percentage over a period of time but for other assets obviously we will invest and divest.

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