Indonesian Political, Business & Finance News

Rupiah and JCI Plummet, These are the Preferred Instruments for Investment Managers

| Source: CNBC Translated from Indonesian | Finance
Rupiah and JCI Plummet, These are the Preferred Instruments for Investment Managers
Image: CNBC

Amidst selling pressure in the stock and bond markets, which has resulted in the weakening of the Jakarta Composite Index (IHSG) and the Rupiah, investment managers are focusing on issuers that have the potential to record profit increases.

The Director of Panin Asset Management, Rudityanto, stated that the commodities sector can still be a choice. Meanwhile, for mutual funds, Panin AM holds dollar-denominated mutual funds, both in US dollar deposits and US dollar bonds, as well as global markets in the US.

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