On EPF’s overseas investment, 17 per cent was in the United States, with the remaining in 39 other countries. However, he said EPF’s new investments overseas were limited by the restrictions imposed on local institutions. “As a pension fund, EPF focuses on getting overseas investments for long-term returns. Nasir said as at September, total investment value for local and overseas investments was RM540 billion and RM231 billion, respectively. During the quarter, Nasir said EPF’s overseas investments contributed 48 per cent to the total investment income.

Source: New Strait Times December 11, 2017 02:37 UTC