Kumpulan Wang Persaraan (KWAP) is a public pension fund based in Kuala Lumpur, Malaysia. Established in 2007, KWAP manages investment portfolios, employer contributions, and pension payouts. With a total fund size of RM140.8 billion, KWAP is one of Malaysia's key investment arms. The fund's main objective is to maximize long-term adjusted total returns, enhancing the real value of its funds. KWAP follows a strategic asset allocation approach, investing in various asset classes. Monthly reports on investment performance are provided to the investment panel and board of directors.