Malaysia’s largest asset manager, Permodalan Nasional Bhd (PNB), plans to add infrastructure assets into its portfolio from next year to diversify its exposure and navigate the current high inflationary environment, its top executive said.
PNB, which managed 336.7 billion ringgit ($72.46 billion) of assets in 2021, has the majority of its portfolio invested in public equities, both local and international, besides private investments and real estate, among others.
