{"id":679621,"date":"2026-07-08T02:44:21","date_gmt":"2026-07-08T02:44:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/679621\/"},"modified":"2026-07-08T02:44:21","modified_gmt":"2026-07-08T02:44:21","slug":"danantara-merges-indonesias-four-state-owned-asset-management-firms","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/679621\/","title":{"rendered":"Danantara merges Indonesia&#8217;s four state-owned asset management firms"},"content":{"rendered":"<p>JAKARTA (July 7): The board of Indonesia&#8217;s sovereign wealth fund, Danantara, has decided to merge four state-owned asset management firms into a single entity, the fund said on Tuesday.<\/p>\n<p>The move comes after President Prabowo Subianto instructed Danantara to reduce the number of state-owned enterprises from about 1,000 to some 200 to improve efficiency.<\/p>\n<p>The firms merged are PNM Investment Management, BNI Asset Manajemen, Mandiri Manajemen Investasi, and BRI Manajemen Investasi.<\/p>\n<p>Danantara said in a statement the move is aimed at improving governance and efficiency.<\/p>\n<p>&#8220;Through the merger, Danantara will have Indonesia&#8217;s biggest asset management firm that can integrate asset portfolios, improve capability and management,&#8221; Danantara said.<\/p>\n<p>Uploaded by Magessan Varatharaja<\/p>\n","protected":false},"excerpt":{"rendered":"JAKARTA (July 7): The board of Indonesia&#8217;s sovereign wealth fund, Danantara, has decided to merge four state-owned asset&hellip;\n","protected":false},"author":2,"featured_media":679622,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":["post-679621","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-personal-finance","tag-personalfinance","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/679621","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=679621"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/679621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/679622"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=679621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=679621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=679621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}