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Khazanah to improve its operating cost efficiency
Description
Khazanah managing director Datuk Shahril Ridza Ridzuan says the soverign wealth fund aims to improve its operating cost efficiency by reducing its cost to RAV ratio from 50 basis points to assets under management (AUM) in 2018, to 30 to 35 basis points to AUM in 2023, in line with other funds.
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