{"id":219267,"date":"2025-10-23T02:36:12","date_gmt":"2025-10-23T02:36:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/219267\/"},"modified":"2025-10-23T02:36:12","modified_gmt":"2025-10-23T02:36:12","slug":"indonesias-danantara-wealth-fund-weighs-creating-8-billion-asset-manager","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/219267\/","title":{"rendered":"Indonesia\u2019s Danantara Wealth Fund Weighs Creating $8 Billion Asset Manager"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/1133Z:IJ\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Danantara<\/a>, Indonesia\u2019s nascent sovereign wealth fund, is mulling plans to create a national asset manager by combining units from some of the country\u2019s biggest state-owned banks, according to people familiar with the matter.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Danantara seeks to hire advisers to help set up a new firm that will combine the asset managers of <a href=\"https:\/\/www.bloomberg.com\/quote\/BBRI:IJ\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">PT Bank Rakyat Indonesia<\/a>, <a href=\"https:\/\/www.bloomberg.com\/quote\/BMRI:IJ\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">PT Bank Mandiri<\/a> and <a href=\"https:\/\/www.bloomberg.com\/quote\/BBNI:IJ\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">PT Bank Negara Indonesia<\/a>, the people said, asking not to be identified because the deliberations are private. Danantara wants to build a bigger asset manager to compete locally and across the region, the people said, adding that other banks\u2019 asset managers could be included in the plan as well.<\/p>\n","protected":false},"excerpt":{"rendered":"Danantara, Indonesia\u2019s nascent sovereign wealth fund, is mulling plans to create a national asset manager by combining units&hellip;\n","protected":false},"author":2,"featured_media":219268,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[93749,1340,456,84,93748,4176,2183,467,1350,4174,4175,17271,56,54,55,5351],"class_list":["post-219267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-bank-rakyat-indonesia-perser","tag-banking","tag-bonds","tag-business","tag-danantara","tag-finance","tag-indonesia","tag-markets","tag-mergers","tag-personal-finance","tag-personalfinance","tag-southeast-asia","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-wealth"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/219267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=219267"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/219267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/219268"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=219267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=219267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=219267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}