EPF Records Close To RM64 Bln Total Investment Income In 9M 2025

KUALA LUMPUR, Nov 17 (Bernama) -- The Employees Provident Fund (EPF) recorded a total investment income of RM63.99 billion for the nine months ended Sept 30, 2025 (9M 2025), an 11 per cent increase from RM57.57 billion registered in 9M2024.

Total investment income for the third quarter of 2025 (3Q 2025) stood at RM25.07 billion, representing a 27 per cent increase from RM19.67 billion in 3Q 2024, it said in a statement today.

According to EPF, equities remained the largest contributor to investment income in 3Q 2025, accounting for RM16.95 billion or 68 per cent of its total investment income.

Additionally, fixed income continued its role in capital preservation, generating RM6.75 billion or 27 per cent of the total investment income for the quarter, while real estate and infrastructure contributed RM1.14 billion (4.0 per cent), and money market instruments recorded gains of RM0.23 billion (1.0 per cent).

"Of the total investment income for 3Q 2025, RM20.48 billion was generated for Conventional Savings and RM4.59 billion for Shariah Savings," it said.

EPF also noted that the total investment assets stood at RM1.37 trillion as of Sept 30, 2025, representing a 12 per cent growth year-on-year.

bootstrap slideshow

International investments accounted for approximately 39 per cent of total assets, supported by resilient global equity market valuations.

"During the quarter, international investments generated RM13.33 billion, representing 53 per cent of the total investment income," it added.

EPF chief executive officer Ahmad Zulqarnain Onn highlighted that the 11 per cent growth in total investment income, alongside 12 per cent growth in asset under management, is the result of EPF’s strategic asset allocation, which allowed it to participate in the recovery of equity markets post-‘Liberation Day’.

"We are encouraged by the strength of the Malaysian economy, which supports 61 per cent of EPF’s portfolio, while simultaneously pursuing a global investment strategy that generated 53 per cent of total investment income this quarter," he said.

Moving forward, Ahmad Zulqarnain noted that while the 9M2025 performance has been encouraging, EPF is still cautious heading into the fourth quarter.

"The rally in global equity markets has elevated valuations, while mixed signals from global economic indicators may temper the pace of interest rate reductions.

“The EPF is actively managing these risks by accelerating the locking-in of profits at a pace that may be hard to match in 4Q 2025,” he added.

Meanwhile, 427,329 new members registered in the EPF during 9M2025, bringing its total membership to over 16.5 million.

At the same time, new employer registrations rose by 62,401, boosting the number of total active employers registered with the EPF to 628,321.

On a quarterly basis, total contributions increased by 10.5 per cent to RM27.84 billion, from RM25.20 billion in 3Q 2024.

"Voluntary contributions increased by 47.5 per cent to RM15.30 billion in 9M2025, from RM10.37 billion a year earlier," it added.

-- BERNAMA