Why Sovereign Wealth Funds Are All the Rage in Southeast Asia

On:

Indonesia recently passed legislation paving the way for the creation of a new state-owned investment fund called Danantara. This follows the creation of another state-owned investment fund, the Indonesia Investment Authority, or INA, during the Jokowi administration. The INA has been in operation for several years, mobilizing investment in variousContinue Reading

Indonesia Approves Creation of Second Sovereign Investment Fund

On:

Indonesia’s parliament has approved the creation of a new sovereign investment fund in order to manage some of the country’s most important state-owned enterprises and generate capital for Indonesian investments elsewhere. The new body, which will be called the Daya Anagata Nusantara Investment Management Agency, or Danantara, will assume controlContinue Reading