PETALING JAYA: The Employees Provident Fund (EPF) recorded total distributable income of RM19.20 billion for the first quarter ended March 31, 2024 (Q...
The Employees Provident Fund recorded total distributable income of RM19.20 billion for the first quarter ended March 31, 2024 , an increase of 33.1% from the RM14.42 billion recorded in the corresponding quarter in 2023.
He added that while the first quarter results have been strong, financial markets remain subject to a number of risks that have been prevalent, namely “high for longer” interest rates, geopolitical and conflict risks, and changes in policies resulting from a large number of elections being held in a number of large economies this year.
Real estate and infrastructure registered an income of RM0.22 billion in Q1’24, while money market instruments generated RM0.69 billion, in line with the return expectations set for these asset classes.
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