Amid scrutiny over its investments in the United States, the Employees Provident Fund (EPF) today reassured that its decisions are made according to due processes and governed by relevant stakeholders.
In a statement, the EPF said any investment decisions would first be deliberated by an internal management investment committee.
“This is where proposals are scrutinised in accordance with our long-term diversification strategy.
“This is also in line with EPF’s mandate to grow its members’ retirement savings by investing only in assets that fit its risk-return profile,” it said...