EPF stresses stringent investment process following PM's US pledge

(Updated )

The Employees Provident Fund said all of its investments go through stringent assessment after Prime Minister Najib Abdul Razak's announced that the fund will invest between US$3 billion to US$4 billion in US infrastructure projects.

"As a retirement fund, the EPF ensures that every investment proposal goes through a stringent risk assessment and robust due diligence process to protect the interest of its 14 million members," it said in a statement today.

The EPF said it scrutinises foreign investment opportunities that fit its risk and return profile as a retirement savings fund, in line with its long term overseas diversification programme...

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