SINGAPORE (Reuters) – Malaysia’s largest state pension fund, the Employees Provident Fund, is seeking to expand its exposure to other regions to ensure a well-balanced and resilient portfolio, it said on Wednesday.
EPF, one of the world’s biggest pension funds, in common with other major investors is grappling with the uncertainty triggered by U.S. President Donald Trump’s tariffs and policy orders.
In an emailed statement, the fund said the U.S. remained a critical partner in global trade. Together with China, it said, the U.S. was central to its globally diversified portfolio because of the size, liquidity and global influence of the two markets.
It did not give detail on how it was seeking to diversify its holdings.
As of end-2024, the EFP had 1.25 trillion ringgits ($283 billion) of investment and its global assets generated 50.3% of its total investment income, while making up 37% of its total porfolio, according to a statement in March.
Domestic made up 63% of its investment, generating 49.7% of its total investment income.
($1 = 4.4160 ringgit)
(Reporting by Yantoultra Ngui; Editing by Christian Schmollinger and Barbara Lewis)
