According to the news issued by Employees Provident Fund Board (EPF), EPF has outsourced a total of RM167.63 billion of investment assets to external fund managers as at 31 December 2021, an increase of 8% from RM155.18 billion at the end of 2020.
These investment assets are mainly invested in equities and fixed income instruments, and represent 16.66% of the CPF Board’s total investment assets.
EPF Board is satisfied with the performance of these external fund managers and the performance of the external fund managers is in line with EPF Board’s objectives and expectations. The Board has indicated that it will continue to employ these diversification strategies, using the insight and skills of the external fund managers to complement the Board’s internal management.
The EPF Board announced its latest payout ratio earlier this year, which is 6.10% for the conventional account and 6.56% for the Islamic account. The total expenditure for 2021 is RM56.72 billion.
