KUALA LUMPUR: The Employees Provident Fund (EPF) says it will scrutinise foreign investment opportunities that fit its risk and return profile. In a statement today, the retirement savings fund said the move was in line with its long-term overseas diversification programme. EPF said the US is one of the key markets within its investment universe. “As a retirement fund, the EPF ensures that every investment proposal goes through a stringent risk assessment and robust due diligence process to protect the interests of its 14 million members,” it said. As at first quarter of 2017, EPF's overseas investment accounted for 29 per cent of its total investment asset, contributing 37 per cent to the total investment income.

Source: New Strait Times September 15, 2017 04:41 UTC