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Sovereign Wealth Funds Briefing - Categorized | Market, People

Khazanah MD ‘frustrated’ in regulated industries

Posted on 01 June 2011

Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar has admitted to being disappointed by his inability to trim fat from the portfolio he inherited in 2004 due to political interference, the Financial Times reported yesterday.
“We have had our frustrations, and there have been areas, mostly in the regulated sectors such as electricity, automobiles and aviation, where value has stagnated or even declined,” Azman (picture) told the international financial daily……………………………………….Full Article: Source

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