Malaysia EPF's withdrawals halt puts liquidity in focus
The state-owned retirement scheme's challenge on the investment side will be to manage liquidity, an issue that other pension funds in the region also face.
The Malaysian government's decision on February 16 to halt withdrawals from the Employees Provident Fund has put the spotlight on liquidity management as the state retirement scheme grapples with reduced funds.
Withdrawals at the height of the pandemic have depleted EPF assets, with median savings of account holders halving in 2022 compared with 2019, local media reports said.
About 8.1 million account holders withdrew RM145 billion (US$32b) at the height of the Covid-19 pandem…
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