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EPF: Investments poised to hit RM500bn by end 2013


EPF expects its investments to reach RM500bn by end-2013, said deputy CEO Shahril Ridza Ridzuan. He said the fund’s investments  stood  at RM385bn  in  the  first  quarter  of  this  year  compared with  just RM9bn  in  1980. The EPF  has  over RM370bn in funds. Additionally, the EPF was guided by the Risk Appetite Statements, where it would not tolerate a greater than 10% chance of dividends falling below 2.5% in any year over the next 10 years. (StarBiz)