Back خازنة ناشيونال Arabic Khazanah Nasional German Khazanah Nasional Spanish خزانه ناسیونال Persian Khazanah Nasional ID カザナ・ナショナル Japanese Khazanah Nasional Malay Khazanah Nasional NB Khazanah Nasional Portuguese 国库控股 Chinese

Khazanah Nasional

Khazanah Nasional Berhad
FormerlyKhazanah Holdings Berhad (1994–1996)
Company typeState-owned
IndustrySovereign wealth fund
FoundedSeptember 3, 1993 (1993-09-03)
HeadquartersKuala Lumpur, Malaysia
Key people
Revenue
  • Decrease MYR 5.35 billion (2021)
  • MYR 8.36 billion (2020)
  • Decrease MYR 2.24 billion (2021)
  • MYR 5.16 billion (2020)
  • Decrease MYR 0.41 billion (2021)
  • MYR 3.27 billion (2020)
Total assets
  • Increase MYR 84.8 billion (2021)
  • MYR 81.8 billion (2020)
Total equity
  • Decrease MYR 35.3 billion (2021)
  • MYR 36.4 billion (2020)
OwnerGovernment of Malaysia
Number of employees
353 (2022)
ParentMalaysian Ministry of Finance
Subsidiaries
Websitewww.khazanah.com.my

Khazanah Nasional Berhad (lit. 'National Treasure Limited'; doing business as Khazanah Nasional or simply Khazanah) is the sovereign wealth fund of the Government of Malaysia.[2] One of the largest sovereign wealth funds in the world,[3][4] it was established to invest surplus revenues for Malaysia. Through its investments and activities, the fund seeks to deliver sustainable economic and societal benefit for the nation. This includes achieving long-term risk-adjusted returns across the portfolio, as well as undertaking investments that catalyse new growth areas, strengthen Malaysia’s economic competitiveness, and contribute to priority socioeconomic outcomes.[5]

Headquartered in Kuala Lumpur, it has regional offices in the United States, Turkey, China, United Kingdom and India.[6] Khazanah's portfolio covers a broad spectrum of sectors. Its key focus investment areas include Leisure & Tourism, Banking, Sustainable Development, Healthcare and Consumerism. While it does not receive regular capital infusions, Khazanah relies on its ability to generate returns and tapping capital markets to fund its investments.[7]

Khazanah is a member of the International Forum of Sovereign Wealth Funds (IFSWF),[8] which maintains and promotes the Santiago Principles on best practices in managing sovereign wealth funds. It is also a signatory of the United Nations-supported Principles for Responsible Investment (UNPRI), signatory of the Malaysian Code for Institutional Investors and a member of the Institutional Investor Council  Malaysia (IIC), a member of the FCLT Global (Focusing Capital on the Long Term), and signatory of the Malaysian Anti-Corruption Commission's (MACC) Corporate Integrity Pledge.[9]

It is owned by the Malaysian government and administered by the Minister of Finance Incorporated, except for one share held by the Federal Land Commissioner. It is governed by a board of directors comprising representatives from the Government and the corporate sector with diverse professional backgrounds and expertise. In October 2023, the fund has US$35.8 billion in assets under management.[10] Khazanah is one of the two Malaysia's government-linked investment companies (GLICs) that manages money from the government's excess funds, the other being Retirement Fund (Incorporated).[11]

  1. ^ "Khazanah appoints Dato' Amirul Feisal Wan Zahir as Managing Director" (Press Release). Khazanah Nasional. 29 June 2021. Retrieved 23 April 2022.
  2. ^ Zuraimi Abdullah (23 March 2023). "Is Khazanah Nasional's star dimming?". New Straits Times. Retrieved 19 April 2023.
  3. ^ Jikon Lai (29 March 2012). "Khazanah Nasional: Malaysia's treasure trove". Journal of the Asia Pacific Economy. 17 (2). Taylor & Francis Online: 236–252. doi:10.1080/13547860.2012.668023. S2CID 153367392. Retrieved 23 April 2017.
  4. ^ Usman Hayat (30 July 2013). "Malaysia's Khazanah: Not Just a SWF But a "Nation Building Institution"". CFA Institute. Retrieved 23 April 2018.
  5. ^ "Khazanah continues growing its portfolio value, announces long-term strategies towards Advancing Malaysia". Khazanah Nasional. 2 March 2022. Retrieved 23 April 2022.
  6. ^ "Khazanah's investments in the United States" (Press Release). Khazanah Nasional. 15 September 2017. Retrieved 29 May 2018.
  7. ^ "Moody's, S&P assign Khazanah inaugural issuer credit rating of A3, A-". The Vibes. 27 April 2023. Retrieved 3 June 2023.
  8. ^ International Forum of Sovereign Wealth Funds. "IFSWF Our members". Archived from the original on 27 September 2016. Retrieved 24 September 2016.
  9. ^ "The Khaznah Report 2020: INVESTING FOR OUR FUTURE" (PDF). Khazanah Nasional. 7 June 2021. Retrieved 3 May 2022.
  10. ^ "Khazanah Nasional (Khazanah) - Sovereign Wealth Fund, Malaysia - SWFI". www.swfinstitute.org. Retrieved 27 June 2023.
  11. ^ Royce Tan (5 April 2019). "EPF, PNB not GLCs; only Khazanah, KWAP are: Shahril". The Star Online. Retrieved 18 July 2019.
From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by Nelliwinne