KWAP plans to lift SE Asia allocations

Malaysian retirement fund Kumpulan Wang Persaraan (KWAP) is looking to increase its allocation into Southeast Asia markets, chief investment officer Hazman Hilmi Sallahuddin told AsianInvestor. Hazman Hilmi Sallahuddin, KWAP While looking to the neighbouring markets in Southeast Asia, Malaysia’s federal employees’ pension fund has taken a more nuanced approach in the Chinese market. With an overweight in allocation compared to the benchmark, KWAP has been holding on …