Jakarta, CNBC Indonesia- General Chair of the Association of Financial Institution Pension Funds (DPLK), Nur Hasan Kurniawan revealed the asset management strategy for DPLK funds.
DPLK has assets under management of IDR 120 trillion, which are placed in time deposit funds worth IDR 69 trillion or 43% of total assets and SBN worth IDR 30 trillion or 20% of total assets. Apart from that, corporate bonds worth IDR 10.4 trillion or 18%, mutual funds IDR 5.6 trillion and shares around IDR 2.4 trillion.
However, Nur said that DPLK’s investment choices in the midst of market turmoil will not change significantly considering that DPLK participants are looking for instruments that which is focused on the money market, deposits, SBN and corporate bonds.
What is DPLK’s performance and investment strategy like amidst the weakening Rupiah and financial market turmoil? For complete details, see Anneke Wijaya’s dialogue with the General Chair of the Financial Institution Pension Fund Association (DPLK), Nur Hasan Kurniawan at Power Lunch, CNBCIndonesia (Tuesday, 17/10/2023)