Malaysia’s PNB seeks to raise global exposure to 30% by 2022

Malaysia’s PNB seeks to raise global exposure to 30% by 2022

The Petronas Towers peek through palm trees. Kuala Lumpur, Malaysia.

Malaysia’s largest fund manager Permodalan Nasional Bhd (PNB) plans to increase its global exposure to 30 per cent in 2022 from 8.5 per cent as of end-2019, as it looks to optimise overall risk-adjusted returns in a persistently low-yielding environment, its chief executive said.

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