KUALA LUMPUR: Malaysia's pension fund the Employee Provident Fund (EPF) recorded a lower total gross investment income in 2022 due to high market volatility and lower valuations across equity and fixed income markets.

The EPF said in a statement on Saturday its total gross income in 2022 fell 19.68 percent to 55.33 billion ringgit ($12.36 billion) from 68.89 billion ringgit in 2021.

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