EPF’s external fund managers achieve record total income in 2023

EPF’s external fund managers achieve record total income in 2023

EPF Chairman Ahmad Badri Zahir said that their efforts contributed to a total of 22% of the total pension fund received last year.

A panel of external fund managers of the Human Resources Fund achieved commendable results in 2023 with a record total of 22% of total funds despite market uncertainty and challenges .

EPF chairman Ahmad Badri Zahir said that as of December 31, 2023, a total of RM189 billion has been released from external fund managers for investment in equity and fixed income instruments, which represents 17% of total investment. of pension funds. Free Malaysia Today
Ahmad Badri Zahir.
“Total funds under management from equity and financial managers have almost tripled compared to five years ago,” he said in a statement today to announce the winners. eleven of the EPF External Fund Managers Awards 2023. Badri said in addition to improving her bugs as an accidents of the portfolio, epF trying to set up a business office with his capital to provide social and social environment.

He said, “The dedication of the epf is helpful to return when returning to the retirement.” The EPF External Fund Managers Awards 2023 recognize the outstanding performance of these fund managers in their various roles which are evaluated based on a quantitative system.

Winners include AIIMAN Asset Management Sdn Bhd and Best Domestic Equity Fund Manager (Sharia) 2023, Pheim Asset Management (Best Domestic Equity Fund Manager (Conventional) 2023), BNP Paribas Asset Management Malaysia (Best Global Bond Manager 2023 ), and Capital Asset Management (best international equity fund manager for MSCI EM Latin America 2023). Robeco Institutional Asset Management was named Best International Equity Fund Manager for Factor Investing 2023, Abrdn Malaysia won Best International Equity Fund Manager for MSCI Ethical Asia (ex Japan ex Malaysia) 2023, and Aham Capital Asset Management received EPF Best National Equity Fund Manager 2023 award.

Amundi Aalam and Amundi Malaysia won Best International Fund Manager for FTSE Shariah World Issue 2023 and Best International Fund Manager for FTSE Ethical World Issue 2023 respectively.

Amundi won the Best Global Equity Fund Manager EPF 2023 and Best Foreign Fund Manager EPF 2023 awards.

For 2023, the EPF distributed an average rate of 5.50% with a return of RM50.33 billion for conventional funds and 5.40% with a return of RM7.48 billion for sharia funds. In total, the total payment for 2023 stood at RM57.81 billion.

Badri said this achievement was also attributed to the diversification of fund managers across different asset classes,

markets and currencies, which helped the EPF maintain its resilience in the face of market volatility and preserve its investment returns. .

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