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Khazanah to expand investment exposure in the US

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The sovereign wealth fund is focusing mainly on firms using data analytics.

Khazanah Nasional Bhd is expanding its exposure in the United States and looking to invest mainly in technology firms utilising data analytics.

"We have investment in companies that are actually specialist in data analytics but what we found out is that in the US, particularly, most normal companies are using data analytics in their day-to-day decision making. He said Khazanah would also continue to invest actively in Malaysia, Southeast Asian countries, as well as China and India.

"We have had our new mandate for some months now and is well underway in terms of executing the new mandate that we got and it involves balancing part of our portfolio today and also reducing some of our debts," he added.

 

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Khazanah to expand investment exposure in the US | Malay MailKUALA LUMPUR, July 6 — Khazanah Nasional Bhd is expanding its exposure in the United States (US) and looking to invest mainly in technology firms utilising data analytics. Deputy managing director and head of investments, Tengku Datuk Seri Azmil Zahruddin, said at the moment, exposure in the...
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