Indonesia is leaping ahead with a sovereign wealth fund it says will be seeded with US$900 billion of assets. President Prabowo Subianto has launched Daya Anagata Nusantara (Danantara), which aims to be a strategic powerhouse for the sprawling Southeast Asian state, with an ambitious 8% growth target.Set to start operations...
Indonesia is leaping ahead with a sovereign wealth fund it says will be seeded with US$900 billion of assets. President Prabowo Subianto has launched Daya Anagata Nusantara (Danantara), which aims to be a strategic powerhouse for the sprawling Southeast Asian state, with an ambitious 8% growth target.Set to start operations...