EPF adds $1.3bn in global RE, bonds, equities

Malaysia’s Employees Provident Fund (EPF) invested $1.3 billion in global real estate, bonds and equities in the first quarter of 2013, raising its total overseas allocation to 17.55%, from roughly 14% nearly a year ago. The pension fund's assets also received a boost, ticking up 9.86% to RM536.55 billion ($177 billion) as of March 31 from RMB488.39 billion at the same date last year. Increasing foreign investment has been on the cards for a while, with EPF telling AsianInvestor…