A new sovereign wealth fund unit, Danantara, has been founded, reports directly to the president, and is a potential investor in a bond sale.
4 reports, 3 independent
Updated Aug 18
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
A new sovereign wealth fund unit, Danantara, has been founded, reports directly to the president, and is a potential investor in a bond sale.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Danantara achieved high returns and plans to hire specialized hedge fund managers.1 source
- President Prabowo Subianto oversees the state asset consolidation agency, Danantara, which is a new sovereign wealth fund unit.Sub-event
Danantara's role is key to hitting the 8% economic growth target by 2029.1 source
Sovereign wealth fund unit Danantara founded, reports to president, and is potential bond investor.1 source
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