| Khazanah Nasional Bhd said 2016 will continue to be challenging for the Malaysian sovereign wealth fund after a “rollercoaster” year which saw its assets decline amid turmoil in financial markets. The net asset value of Khazanah’s investments fell 1.6 per cent to 109 billion ringgit (Dh91.3 billion, $24.9 billion) at the end of 2015 from 110.7 billion ringgit a year earlier, the company said.
The local stock benchmark FTSE Bursa Malaysia KLCI Index slid 3.9 per cent in 2015. Khazanah owns stakes in some of Malaysia’s biggest listed companies, whose shares have dropped as global investors pulled 19.5 billion ringgit from the country’s stock market last year...............................................Full Article: Source
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