EPF, PNB, KWAP, Khazanah suffer RM56 billion losses


The Employees Provident Fund’s stakes in major banks in the country are bleeding after Bursa Malaysia went into the red. – The Malaysian Insight file pic, March 18, 2020.

THE Covid-19-led rout in Bursa Malaysia and globally has not spared major institutional funds, such as EPF, PNB, Retirement Fund Incorporated (KWAP) and Khazanah, reports The Edge.

The four funds have lost an estimated RM55.7 billion since the start of year, according to data compiled from Bloomberg.


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