Latest news with #SimpananKonvensional
New Straits Times
5 days ago
- Business
- New Straits Times
EPF posts RM18.31bil investment income in Q1, total assests at RM1.26tril
KUALA LUMPUR: The Employees Provident Fund (EPF) posted a total investment income of RM18.31 billion for the first quarter ended March 31, 2025. This was 13 per cent lower than the RM20.99 billion recorded in the corresponding period in 2024, the country's pension fund said. As of March this year, the EPF's total investment assets stood at RM1.26 trillion, up from RM1.25 trillion as at December 2024, with 38 per cent invested internationally. EPF, in a statement today, said the total investment income included RM1.02 billion mark-to-market gains on securities that have not been realised, due to foreign exchange rate fluctuations. "In line with the EPF's policy, these gains will not be distributable as dividends," it added. During the quarter under review, equities contributed RM10.81 billion, a 23 per cent decline from RM14.02 billion recorded in the first quarter of 2024 (1Q24). The fund attributed the decline to underperformance in global equity markets and a difficult investment environment. "The asset class continued to be the highest contributor, accounting for 59 per cent of total investment income," it said. Fixed income investments remained a key pillar for capital preservation by the EPF, generating RM5.99 billion to account for 33 per cent of the total investment income. "Fixed income, comprising Malaysian government securities and equivalents, loans and bonds, continues to fulfil its dual mandate of delivering stable returns and as a counterbalance to equity market fluctuations. "This underscores its strategic importance in safeguarding members' savings across market cycles," the EPF said. Real estate and infrastructure recorded an income of RM1.08 billion in 1Q25, while money market instruments generated RM0.43 billion. Of the total investment income, RM15.87 billion was generated for Simpanan Konvensional, and RM2.44 billion for Simpanan Syariah. During the quarter, international investments generated RM8 billion or 44 per cent of the total investment income, the fund said. Its domestic investment, which accounts for 62 per cent of its total assets, continues to provide long-term income stability through dividends, interests and profits from sukuk. "The EPF remains committed to supporting Malaysia's economic growth by continuing to invest over 70 per cent of its annual allocation in the domestic market. "This reflects its role as a long-term investor and aligns with the government's Ekonomi Madani framework," it added. EPF chief executive officer Ahmad Zulqarnain Onn noted that global markets became volatile in early 2025 due to renewed trade tensions and policy uncertainty. He said although the US administration officially announced tariffs on April 2, the uncertainty surrounding US trade policies had already started to impact major stock markets throughout the quarter. "Despite the moderation of inflationary pressures in many economies, the pace and timing of monetary policy easing differed across regions, dampening risk appetites. "Our diversified global portfolio cushioned the impact and kept the EPF on course for long-term value creation," he said.
The Sun
5 days ago
- Business
- The Sun
EPF posts investment income of RM18.31 billion for first quarter
PETALING JAYA: The Employees Provident Fund (EPF) recorded a total investment income of RM18.31 billion for the first quarter ended March 31, 2025 (Q1'25), a 13% decline from RM20.99 billion in the corresponding period in 2024. The total investment income includes RM1.02 billion mark-to-market gains on securities that have not been realised, due to foreign exchange rate fluctuations. In line with the EPF's policy, these gains will not be distributable as dividends. During the quarter under review, equities contributed RM10.81 billion, a 23% decline from RM14.02 billion in Q1'24. The drop was mainly due to weaker performance across global equity markets and a challenging investment climate. The asset class continued to be the highest contributor, accounting for 59% of total investment income. Fixed Income continued to anchor capital preservation, contributing RM5.99 billion or 33% of total investment income. Fixed income, comprising Malaysian Government Securities and equivalents, loans and bonds, continues to fulfil its dual mandate of delivering stable returns and as a counterbalance to equity market fluctuations. This underscores its strategic importance in safeguarding members' savings across market cycles. Real estate and infrastructure recorded an income of RM1.08 billion in Q1'25, while money market Instruments generated RM430 million, in line with return expectations for these asset classes. Of the total investment income, RM15.87 billion was generated for Simpanan Konvensional, and RM2.44 billion for Simpanan Shariah. As of March 2025, the EPF's total investment assets stood at RM1.26 trillion, with 38% invested internationally. During the period, international investments generated RM8 billion or 44% of the total investment income. The EPF's domestic investments, which account for 62% of total assets, continued to provide long-term income stability through dividends, interests and profits from sukuk. The EPF said in a statement it remains committed to supporting Malaysia's economic growth by continuing to invest over 70% of its annual allocation in the domestic market. This reflects its role as a long-term investor and aligns with the government's Madani Economy framework. Through the GEAR-uP initiative, the EPF is focused on building investment opportunities in the healthcare sector. This aims to capture long-term growth, address critical system gaps and support healthier retirement for Malaysians. EPF CEO Ahmad Zulqarnain Onn said: 'In a more challenging and uncertain market environment, the EPF maintains a dynamic and well-diversified portfolio to help safeguard value and manage downside risks. We continue to actively explore investment opportunities across both domestic and international markets to strengthen our portfolio and support long-term, sustainable returns for our members.'
New Straits Times
5 days ago
- Business
- New Straits Times
EPF posts RM18.31bil investment income in Q1, total assets at RM1.26tri
KUALA LUMPUR: The Employees Provident Fund (EPF) has recorded a total investment income of RM18.31 billion for the first quarter ended March 31, 2025 (1Q25). This marks a 13 per cent decline from RM20.99 billion in the corresponding period in 2024. In a statement today, EPF said the total investment income includes RM1.02 billion mark-to-market gains on securities that have not been realised, due to foreign exchange rate fluctuations. "In line with the EPF's policy, these gains will not be distributable as dividends," it said. During the quarter under review, equities contributed RM10.81 billion, a 23 per cent decline from RM14.02 billion recorded in the first quarter of 2024 (1Q24). The fund attributed the decline to underperformance in global equity markets and a difficult investment environment. "The asset class continued to be the highest contributor, accounting for 59 per cent of total investment income," it adds. Meanwhile, fixed income investments remained a key pillar for capital preservation, generating RM5.99 billion, which accounted for 33 per cent of the total investment income. "Fixed income, comprising Malaysian government securities and equivalents, loans and bonds, continues to fulfil its dual mandate of delivering stable returns and as a counterbalance to equity market fluctuations. "This underscores its strategic importance in safeguarding members' savings across market cycles," it said. Real estate and infrastructure recorded an income of RM1.08 billion in 1Q25, while money market instruments generated RM0.43 billion. Of the total investment income, RM15.87 billion was generated for Simpanan Konvensional, and RM2.44 billion for Simpanan Syariah. "As of March 2025, EPF's total investment assets stood at RM1.26 trillion, with 38 per cent invested internationally. "During the period, international investments generated RM8 billion or 44 per cent of the total investment income," the fund said. Its domestic investment, which accounts for 62 per cent of its total assets, continues to provide long-term income stability through dividends, interests and profits from sukuk. "The EPF remains committed to supporting Malaysia's economic growth by continuing to invest over 70 per cent of its annual allocation in the domestic market. "This reflects its role as a long-term investor and aligns with the Government's Ekonomi Madani framework," it added. EPF chief executive officer Ahmad Zulqarnain Onn noted that global markets became volatile in early 2025 due to renewed trade tensions and policy uncertainty. He said although the US administration officially announced tariffs on April 2, 2025, the uncertainty surrounding US trade policies had already started to impact major stock markets throughout the quarter. "Despite the moderation of inflationary pressures in many economies, the pace and timing of monetary policy easing differed across regions, dampening risk appetites. "Our diversified global portfolio cushioned the impact and kept the EPF on course for long-term value creation," he said.
The Sun
22-05-2025
- Business
- The Sun
EPF: RM213.2 billion outsourced to external fund managers as of Dec 31 2004
PETALING JAYA: The Employees Provident Fund (EPF) outsourced RM213.21 billion to external fund managers, representing 17% of its total investment assets, as of Dec 31, 2024. This was disclosed at the annual EPF External Fund Managers Annual Award Dinner held to honour the top-performing external fund managers in their respective mandates for 2024. The panel of external fund managers delivered a record total income of 24% of the EPF's overall investment income. EPF chairman Tan Sri Mohd Zuki Ali said, 'The achievement is a testament to 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.' For the financial year ended 2024, the EPF delivered a dividend rate of 6.3% 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 – firmly positioning the EPF as one of the largest pension funds in the world. 'The EPF 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,' said Mohd Zuki in a statement today.
New Straits Times
22-05-2025
- Business
- New Straits Times
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.
