Sarawak Sovereign Wealth Future Fund Board expands portfolio with global fixed-income, domestic bonds

KUCHING (April 8): The Sarawak Sovereign Wealth Future Fund Board (SSWFFB) has begun implementing its 2025 investment strategy with commitments of approximately US$850 million in global fixed-income assets and RM1.6 billion in domestic bonds.

In a Sarawak Public Communications Unit (Ukas) report, SSWFFB chairman Tan Sri Sulong Matjeraie said the move marked the fund’s transition from its foundational phase to active investment, reflecting significant progress in its growth journey.

“This initial investment embodies our guiding principles of capital preservation, while gradually building a diversified portfolio over time,” he said during the SSWFFB Hari Raya Open House, which was graced by the Yang di-Pertua Negeri Sarawak Tun Pehin Sri Dr Wan Junaidi Tuanku Jaafar, at the Sarawak Legislative Assembly (DUN).

Sulong added that SSWFFB has been accepted as an Associate Member of the International Forum of Sovereign Wealth Funds, placing the fund within a global network of sovereign investors committed to high standards of governance, transparency, and responsible investment practices.

Looking ahead, he said 2026 would usher in a new phase for the fund, with plans to gradually expand its portfolio to include global public equities and multiple asset classes, in line with its risk tolerance and long-term investment objectives.

He stressed that this expansion would be carried out in a disciplined and structured manner, balancing long-term returns with sustainable fund management across generations.

“Ultimately, our objective remains clear: to preserve and grow long-term value for the benefit of future generations of the people of Sarawak,” said Sulong.