Indonesia Stock Exchange

Indonesia’s Danantara buys three asset management firm for 2.3 trillion rupiah to create largest local asset manager

Indonesia’s Danantara buys three asset management firm for 2.3 trillion rupiah to create largest local asset manager

Indonesian sovereign wealth fund Danantara is buying three asset managers from their state-owned banking parents for over 2.3 trillion rupiah

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Analysis

Singapore and Indonesia bourses launch cross-border depository receipts link

Singapore and Indonesia’s bourses have launched a cross-border link for trading depository receipts based on securities listed on their respective

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Regulation & Compliance

Six Southeast Asian bourses plan to collaborate to offer depository receipts

Market Access: Bourses look to develop frameworks for issuing and trading depository receipts across the six markets
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Analysis

Indonesia fund management assets drop in first quarter as stock funds slide

Investments: Fund manager says investors took profit after the benchmark stock index hit an all-time high in March
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Sustainability

Three Southeast Asian bourses mull creating ESG ecosystem

Market Access: The bourses will explore a range of initiatives, including identifying critical components of ESG
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Sustainability

Indonesia’s first carbon exchange to be launched on September 26

Market Access: OJK will supervise carbon trading through the carbon exchange
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Sovereign Wealth Funds

Indonesia sovereign wealth fund INA makes first green energy investment

Investments: INA says the investment in PGE is an integral part of its responsible investment philosophy
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People Moves

Indonesia names new commissioners of Financial Services Authority

Going Places: The seven new commissioners will serve from 2022 to 2027
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Pension Funds

Indonesia pension assets up 1.47% in January-September on bond gains

Pensions: Government bond assets rose 18.19% and stock assets fell 2.21%
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Wealth Management

Ashmore Asset Management Indonesia, Bank Danamon launch new mutual funds

Market Access: The new launches are an equity fund, a bond fund and a capital market fund
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Regulation & Compliance

Indonesia regulator sets up sustainable finance task force

Investments: OJK’s move comes a week after Thailand and the United Nations jointly launched a sustainable finance initiative
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