Malaysia’s sovereign wealth fund Khazanah Nasional will consolidate its funds into a single diversified portfolio with a realisable asset value of 124.8 billion ringgit, according to a report by The Edge Malaysia on Wednesday.
This comes under Khazanah’s “Advancing Malaysia” strategy, which aims to drive better and sustainable returns for Malaysians. “What we are working towards is a strategic asset allocation that tries to get maximum returns based on the risk appetite that we have,” said Khazanah’s managing director Datuk Amirul Feisal Wan Zahir, according to the report.