Indonesia’s Danantara says it could step in during market selloffs if valuations attractive
4 Articles
4 Articles
Indonesia’s Danantara says it could step in during market selloffs if valuations attractive
By Rae Wee and Tom Westbrook SINGAPORE, Oct 9 (Reuters) - Indonesia's sovereign fund said it would step into the local stock market in times of stress if it made investment sense, is cautiously buying AI exposure and may not need to remit returns immed...
Danantara's investment decisions will take into account market conditions and asset valuations.
Daya Anagata Nusantara Investment Management Agency (Danantara) is opening up opportunities to enter the domestic stock market during times of pressure or crisis.
Indonesia's Danantara says it could step in during market selloffs if valuations attractive
By Rae Wee and Tom Westbrook SINGAPORE, Oct 9 (Reuters) - Indonesia's sovereign fund said it would step into the local stock market in times of stress if it made investment sense, is cautiously buying AI exposure and may not need to remit returns immediately to the government, according to top…
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