Danareksa Unites 4 State-Owned Investment Managers, Assets Under Management Reach Rp172 Trillion
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.9 Articles
9 Articles
Danantara confirmed there will be no layoffs for 280 employees following the merger of four state-owned investment managers. AUM is targeted to reach IDR 350 trillion.
Danareksa Investment officially operates as a new entity resulting from the consolidation of four investment management companies owned by State-Owned Enterprises (BUMN).
Four state-owned MIs merge, Danareksa targets AUM of IDR 200 trillion by 2027.
Danareksa targets to increase managed funds from around Rp172.5 trillion to Rp350 trillion in three years. The company will expand its investor base, including targeting retail, institutional, and foreign investors. 280 employees from four companies will be retained to support business development.
JAKARTA — Four investment managers owned by state-owned enterprises (SOEs) have officially merged into a new entity, PT Danareksa Investment Management Indonesia. The consolidation results in an investment management company with...
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
