Malaysia's Permodalan to add infrastructure assets next year in diversification drive

Malaysia's Permodalan to add infrastructure assets next year in diversification drive

FILE PHOTO: Maybank Tower, the headquarters of Maybank, is pictured in Kuala Lumpur, Malaysia, July 19, 2019. Picture taken July 19, 2019. REUTERS/Lim Huey Teng/File Photo

Malaysia’s largest asset manager, Permodalan Nasional Bhd (PNB), plans to add infrastructure assets into its portfolio from next year to diversify its exposure and navigate the current high inflationary environment, its top executive said.