Employees’ Provident Fund logo is seen at its headquarters in Kuala Lumpur September 5, 2019. — Reuters pic
For Q3 2019, the portfolio recorded an income of RM2.57 billion, he said in a statement today. He did not provide a comparison figure. “We had to work through a challenging market environment, including a weakening FBM KLCI. Fortunately, our diversified portfolio, which includes investment income from overseas assets, helped mitigate some of the impact,” said Nasir.
Nasir said 2019 has been a difficult year and that near-term market uncertainties will continue to persist, which will affect the capital markets.
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