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EPF nets RM75bil from RM213bil outsourced funds

EPF nets RM75bil from RM213bil outsourced funds

KUALA LUMPUR: A total of RM213.21 billion had been outsourced to external fund managers as at end-2024, representing 17 per cent of the Employees Provident Fund's (EPF) total investment assets.
In a statement, the retirement savings fund said its panel of external fund managers delivered a record total income of 24 per cent of its overall investment income.
EPF chairman Tan Sri Mohd Zuki Ali said the achievement reflects the depth of talent, insight and collaboration across the investment ecosystem cultivated by the EPF and its external fund managers.
"Despite the external headwinds and market volatility over the past year, the EPF and its external fund managers have demonstrated agility and resilience in managing a diversified portfolio aimed at delivering long-term value for our members," he said.
For the financial year ended 2024, the EPF delivered a dividend rate of 6.30 per cent for both Simpanan Konvensional and Simpanan Shariah, resulting in a total payout of RM73.24 billion.
Of this amount, RM63.05 billion was distributed to Simpanan Konvensional, while RM10.19 billion to Simpanan Shariah.
The EPF recorded a total investment income of RM74.46 billion in 2024, while the size of its investment assets grew to RM1.25 trillion.
Mohd Zuki said the fund is committed to innovation, leveraging artificial intelligence and automation to enhance operational efficiency and develop a more agile, future-ready investment infrastructure.
"At the same time, the integration of ESG considerations across our portfolios remains a strategic priority to reinforce long-term resilience.
"We actively engage with our external fund managers to ensure they are aligned with our purpose for sustainable and inclusive growth," he added.
To recognise their exceptional performance, the EPF honoured 12 top-performing external fund managers across their respective mandates at the annual EPF External Fund Managers Award Dinner.
Among the winners are BNP Paribas Asset Management Najmah Malaysia Sdn Bhd named the Best Domestic Equity Fund Manager (Syariah) and Nomura Asset Management awarded the Best EPF Global Equity Fund Manager and Best EPF External Fund Manager.
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