Indonesia Fund May Intervene in Market Selloffs
Indonesias sovereign fund Danantara says it could step into the local stock market during stress if investments make sense. The fund is cautiously buying AI exposure and discussing dividend retentions with the government.
Indonesia sovereign wealth fund Danantara has deployed $3B into global and domestic assets, signaling potential support for local equities during market selloffs. The strategy emerges as the nation's stock market contends with severe downward pressure and potential index downgrades. Executives said the fund aims for value rather than direct intervention while navigating artificial intelligence investments.
