In a statement issued on Saturday, it said equities, which contributed 54% to total gross income, registered RM8.11bil.
However, net investment income declined to RM13.46bil after the cost write-down on listed equities, which the EPF described as prudent practice to ensure its long-term investment portfolio remains healthy. “The EPF’s Strategic Asset Allocation framework, that guides us in how we structure our investments and portfolio, served us well during the tumultuous first half of the year. For example, our exposure in fixed Income instruments enabled us to ride out the initial slump at the beginning of the quarter.
He said the EPF’s overseas diversification strategy guided by the SAA has helped add value to its overall performance. Fixed income also contributed higher gains due to the low yield environment, which provided more opportunity for the fund to realise its gains.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EPF records RM15.12b gross investment income for Q2 2020 | Malay MailKUALA LUMPUR, Sept 19 — The Employees Provident Fund (EPF) recorded a gross investment income of RM15.12 billion for the second quarter (Q2) ended June 30, 2020. The retirement fund said equities contributed 54 per cent, or RM8.11 billion, to total gross income. Fixed income instruments...
Source: malaymail - 🏆 1. / 86 Read more »
EPF posts RM15.12b investment income for Q2’20PETALING JAYA: The Employees Provident Fund (EPF) recorded a gross investment income of RM15.12 billion for the second quarter ended June 30, 2020, 23...
Source: theSundaily - 🏆 25. / 51 Read more »
EPF records RM15.12 billion gross investment income in Q2 | The Malaysian InsightEquities contribute the most at 54%, or RM8.11 billion, says fund.
Source: msianinsight - 🏆 8. / 63 Read more »
EPF records RM15.12b gross investment income for Q2 2020 | Malay MailKUALA LUMPUR, Sept 19 — The Employees Provident Fund (EPF) recorded a gross investment income of RM15.12 billion for the second quarter (Q2) ended June 30, 2020. The retirement fund said equities contributed 54 per cent, or RM8.11 billion, to total gross income. Fixed income instruments...
Source: malaymail - 🏆 1. / 86 Read more »
EPF records RM15.12 billion gross investment income in Q2 | The Malaysian InsightEquities contribute the most at 54%, or RM8.11 billion, says fund.
Source: msianinsight - 🏆 8. / 63 Read more »
EPF posts RM15.12b investment income for Q2’20PETALING JAYA: The Employees Provident Fund (EPF) recorded a gross investment income of RM15.12 billion for the second quarter ended June 30, 2020, 23...
Source: theSundaily - 🏆 25. / 51 Read more »