News Room - Business/Economics

Posted on 23 Feb 2016

EPF to invest more in real estate and infrastructure

The Employees Provident Fund (EPF), which announced a 6.4% dividend for 2015, aims to grow its real estate and infrastructure investments to between 8% and 10% of total assets under management in the next five to seven years.

Speaking to reporters at a briefing today, CEO Datuk Shahril Ridza Ridzuan said real estate and infrastructure assets are great assets to hold in the long term and EPF typically invests in brownfield assets with strong yields.

Last year, EPF's investment in real estate and infrastructure was 3% of total investments. The bulk of its investments were in fixed income (51%) and equity (44%) while the remaining 2% was in cash.

For 2015, investment assets grew 7.5% to RM684.53 billion while investment income grew 13.2% to RM44.23 billion.

Shahril said investment income breached the RM40 billion mark for the first time despite difficult conditions.