"We aim to begin this move as soon as possible," said Danantara CIO Pandu Sjahrir after the Capital Market Summit & Expo 2025 in Jakarta on Friday.
Sjahrir noted that since its launch in February, Danantara — which also serves as a super-holding company for state-owned enterprises — has only recently begun mobilizing its capital.
He said the agency plans to invest about 80 percent of its managed funds in domestic instruments.
"We have just started placing capital, both in domestic and foreign instruments. Our plan is to channel most of our funds, or 80 percent, into instruments at home," he added.
Sjahrir explained that for now, Danantara has invested only in the bond market, particularly in government securities, due to the limited time remaining before the end of the year.
"Although we only have 10 weeks left this year, we aim to start activities in the investment landscape," he emphasized.
Sjahrir earlier expressed Danantara’s eagerness to enter the Indonesia Stock Exchange (IDX) during the event "One Year of the Prabowo–Gibran Administration: Optimism on 8 Percent Economic Growth" on Thursday.
He also highlighted the need to boost average daily trading volumes to support Danantara’s long-term investments.
"We are keen to enter the public equity market, but equity requires greater liquidity. Our average daily trading value currently stands at only US$1 billion, while ideally, it should reach US$5–8 billion," he said.
Inarno Djajadi, a senior official at the Financial Services Authority (OJK), said the IDX's market capitalization reached Rp15,230 trillion (over US$918 billion) as of Thursday, equivalent to 68.78 percent of Indonesia’s GDP.
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Translator: Muhammad H, Tegar Nurfitra
Editor: Anton Santoso
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