From Bloomberg: Malaysia’s Employees Provident Fund, the country’s biggest pension fund, plans to increase its $1 billion global sukuk program by about 50 percent this year to meet government-set targets.
The Kuala Lumpur-based company, which manages more than 400 billion ringgit ($131 billion) of assets, will also start a $500 million program to invest in Asian bonds, Wan Kamaruzaman Wan Ahmad, general manager of treasury at EPF, said in an interview in the capital………………………………………Full Article: Source