19.01.2012 - Khazanah assets slide 7pct, underperforms on markets
Khazanah Nasional Bhd., Malaysia’s state investment company, said the value of its portfolio fell 7 percent last year, dragged down by “soft” markets. The net asset value of Khazanah’s investments slid to 70 billion ringgit ($22.5 billion) at the end of 2011 from 75.2 billion ringgit a year earlier, the Kuala Lumpur-based fund said in a statement. The benchmark FTSE Bursa Malaysia KLCI Index climbed 0.8 percent, the smallest annual gain in three years...............................................Full Article: Source
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