KWAP (Kumpulan Wang Persaraan)

Overview

Join KWAP and be part of a purpose-driven organization.¹

KWAP (Kumpulan Wang Persaraan)'s pension assets support retirement benefit obligations for plan participants.²

Estimated AUM: $43.8B as of Dec 31, 2024¹
Capital pool: Public pension fund²
Investment model: Not listed yet²
Investment approach: Prior to accounting for withdrawals of RM5 billion to partially finance the Government’s pension duties, the gross increase of RM20.8 billion year-on-year highlights the continued success of KWAP’s disciplined investment strategy and its focus on sustainable long-term growth.¹
Spending support: Not listed yet
Spending policy: Not listed yet
Asset allocation: Public evidence references these asset classes or allocation areas: private equity, venture capital, real estate, infrastructure, public markets, fixed income.¹
Performance: Not listed yet
Governance: She is currently the Chairman of Affin Hwang Investment Berhad and a Board member of ENRA Group Berhad, SAM Engineering, Equipment (M) Berhad and DXN Holdings Berhad.²
Investment team: Prior to that, from 2003 to 2006, she was the Chief Executive Officer and Executive Director of MIMB Investment Bank Berhad (now known as Hong Leong Investment Bank Berhad) and from 1995 to 2003, she was Executive Director/Chief Investment Officer of Commerce Asset Fund Managers Sdn Bhd.²
Unfunded commitments: Not listed yet
Source freshness: Last verified Jul 21, 2026 · Needs review

Last verified Jul 21, 2026 from public career and organization materials.

Website (kwap.gov.my)Parent organization overview, Estimated AUM, Investment approach, Asset allocation · checked Jul 25, 2026
Website (kwap.gov.my)Pool purpose, Capital pool, Investment model, Governance, Investment team · checked Jul 25, 2026
Website (kwap.gov.my)Investment office page · checked Jul 25, 2026