Antara News·Indonesia·Wednesday, November 11, 2026 at 03:03 PM UTC

Danareksa Investments targets up to Rp200 trillion in assets by 2027

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Shofi, Kenzu

Jakarta (ANTARA) - State-owned asset manager Danareksa Investments has targeted assets under management (AUM) of Rp192 trillion to Rp200 trillion in 2027, following the merger of four state-owned investment managers.

Danareksa Investments Marketing and Product Director Arief Budiman said the company currently has AUM of Rp172.5 trillion after merging the four investment managers.

"Our target going forward in 2027 is around Rp192 trillion to Rp200 trillion in AUM," Budiman said at the launch of Danareksa Investments here on Wednesday.

He said the merger aims not only to enlarge the business scale but also to unite the capabilities, experience, and distribution networks of each company.

The four merged companies are PT Mandiri Manajemen Investasi, PT BRI Manajemen Investasi, PT BNI Asset Management, and PT PNM Investment Management.

The merger became legally effective on October 1, 2026, with Mandiri Manajemen Investasi as the surviving entity.

According to Budiman, the four companies have 34 years of experience in the investment management industry. After consolidation, the company has about 375 institutional investors and 56 distribution partners, including banks, securities firms, and financial technology (fintech) companies.

In addition, Danareksa Investments has about one million retail investors, with increasingly diverse investment product options.

He explained that the potential to develop the domestic mutual fund industry is still large.

In his view, the industry currently has about 32 million investors, while in several neighboring countries the number is close to or above 100 million.

With the consolidation, Danareksa Investments is seeking to widen its market reach and increase investment product penetration among the public.

Acting President Director Hardiyanto Pilia said merging the four SOEs also enables operational efficiency through integration of systems and infrastructure.

According to him, using the same system to manage more investment products can cut operating costs compared with each company operating separately.

The company currently manages about 223 investment products, including conventional and sharia mutual funds, as well as products denominated in rupiah and US dollars.

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