11:44 Exclusive Video Video: BPJamsostek’s Steps to Manage IDR 685 Trillion Worker Funds My Money – 1 hour ago

Jakarta, CNBC Indonesia- Domestic financial markets are still haunted by global uncertainty regarding the effects of the Fed’s high interest rates, the economic slowdown in China and Europe and Middle East geopolitical tensions between the Hamas-Israeli militia.

The impact of current external turmoil has led to an increase in capital outflow, which is reflected in the weakening of the Rupiah and the weakening of the IHSG.

BPJamsostek’s Director of Investment Development, Edwin Ridwan, revealed that market volatility had prompted BPJamsostek to rebalance investment in worker-managed funds which reached IDR 685 trillion. It is certain that BPJamsostek’s investment portfolio is strong enough to face uncertainty with a target investment return of 7.3%.

What is BPJamsostek’s customer fund management strategy like? For complete details, see Anneke Wijaya’s dialogue with the Director of Investment Development of BPJamsostek, Edwin Ridwan at Power Lunch,CNBCIndonesia (Wednesday, 18/10/2023)

Watch live streaming of other CNBC Indonesia TV programs here