Indonesian Political, Business & Finance News

Post-Acquisition, Manulife Asset Management Strengthens Mutual Fund Products and Targets Long-Term Business

| | Source: KOMPAS Translated from Indonesian | Investment
Post-Acquisition, Manulife Asset Management Strengthens Mutual Fund Products and Targets Long-Term Business
Image: KOMPAS

JAKARTA, KOMPAS.com - Manulife Wealth & Asset Management hopes that the completion of the acquisition of PT Schroder Investment Management Indonesia (Schroders Indonesia) through PT Manulife Aset Manajemen Indonesia (MAMI) will increase investment choices for investors in Indonesia.

Paul Lorentz, President and CEO of Global Wealth and Asset Management at Manulife, stated that the acquisition of Schroders is not solely aimed at increasing business scale but also at providing more diverse options for investors.

“We are actually looking at how we can make better offerings for investors,” he said during the Manulife Aset Manajemen Indonesia Media Briefing on Wednesday (22/4/2026).

He explained that MAMI has strengths in fixed-income mutual fund products and equity mutual funds.

However, Schroders is also known as an investment manager with strong equity mutual fund products.

“So they enable us to provide a larger offering than before,” he added.

“Whereas we are the opposite,” he said.

Paul stated that the composition of retail products at MAMI is around 80 per cent of the total business.

Furthermore, Paul said that his side views the Asian market from a long-term perspective. This includes countries like China, India, and Indonesia.

Thus, the investments made by Manulife have a timeframe not just of 5 years but up to 10 years.

“That is why I say that the market is very important,” he revealed.

“We look at it in the long term, when the capital market becomes more mature and within that it will become even better. That is the reason we see this business not just for one or two years,” he explained.

“We have a large global business, but we do not care about the revenue coming from the business today, we are only building for the future,” he concluded.

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