Reported about 10 hours ago
At the World Economic Forum in Davos, Malaysia's sovereign wealth fund Khazanah Nasional is shifting its investment focus towards developed markets, particularly the U.S., Europe, and Japan, in light of anticipated risks from Donald Trump's presidency. Currently, a significant portion of Khazanah's investments are domestic, but with the evolving economic landscape, including potential tax cuts and regulatory changes under Trump's administration, the fund sees opportunities for better returns abroad. While maintaining its investments in China, which constitutes 8% of its portfolio, Khazanah remains optimistic about Malaysia's growth prospects following an influx of foreign investments and a stable economy.
Source: YAHOO