Malaysia's sovereign wealth fund, Khazanah Nasional, is setting up its first two offices outside Asia - in Turkey's Istanbul and San Francisco in the US- as it moves to expand its foreign portfolio.
The $40 billion fund, which has branches in Beijing and Mumbai as well as Kuala Lumpur, has been building its exposure in emerging markets. It already has interests in Turkey, a country widely viewed as offering strong investment potential despite recent political turmoil..............................................Full Article: Source
|