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EPF posts lower investment income in Q3 amid challenging market | Malay Mail

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KUALA LUMPUR, Dec 13 — The Employees Provident Fund (EPF) posted an investment income of RM13.50 billion for the third quarter (Q3) ended Sept 30, 2019, down 7.6 per cent from the same period last year, as a result of operating in an uncertain and volatile market that has worsened since 2018....

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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