Danareksa Investments sets 2027 asset target of up to Rp200 trillion
The Indonesian state-owned asset manager reports Rp172.5 trillion under management following a merger that took legal effect on October 1, 2026.
Indonesia’s Danareksa Investments is aiming to manage between Rp192 trillion and Rp200 trillion in assets in 2027 after combining four state-owned investment managers, Marketing and Product Director Arief Budiman said at the company’s launch in Jakarta.
Budiman put current assets under management at Rp172.5 trillion. He said the consolidation was intended to combine the firms’ expertise and distribution networks, as well as expand the scale of the business.
The merger took legal effect on October 1, 2026. PT Mandiri Manajemen Investasi was the surviving entity, joining with PT BRI Manajemen Investasi, PT BNI Asset Management and PT PNM Investment Management.
Following consolidation, Danareksa Investments has about 375 institutional investors, about one million retail investors and 56 distribution partners, Budiman said. Those partners include banks, securities firms and fintech companies. The company is seeking to broaden its market reach and bring investment products to more members of the public.
Acting President Director Hardiyanto Pilia said integrating infrastructure and systems could lower operating costs compared with running the companies separately. Danareksa Investments currently manages about 223 investment products, spanning conventional and sharia mutual funds and products denominated in rupiah or US dollars.
