Investment strategy

Malaysian sovereign wealth fund Khazanah explains why it did not invest in Grab

Malaysian sovereign wealth fund Khazanah explains why it did not invest in Grab

Malaysia’s sovereign wealth fund Khazanah Nasional defended its decision not to make an upfront investment in the Grab superapp for transportation of goods and food deliveries from Southeast Asia. Chief Investment Officer Azmil Zahruddin told CNBC that the fund’s investment strategy was to focus on large investments, not direct start deals. treasure he could not …

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3 takeaways from the Investing Club “Morning Gathering” on Friday

3 takeaways from the Investing Club “Morning Gathering” on Friday

Each day of the week CNBC Investing Club with Jim Cramer holds a live stream “Morning Meeting” at 10:20 am ET. Here’s a recap of Friday’s key moments. Banks Could Benefit From Larger Rate Hike Eli Lilly’s Quarter Has Been Shortages, New Medicines Quick Mentions: STZ, AMZN, MRVL 1. Banks Could Benefit From Larger Rate …

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