Video: Investment Manager's Strategy Amid Rising Interest Rates and High Market Risk

Jakarta, CNBC Indonesia - Insight Investments Director Camar Remoa assessed that Bank Indonesia’s move to raise its benchmark interest rate by 25 bps to 5.50% on Tuesday (09/06) was appropriate amidst the weakening of the Rupiah exchange rate, which had briefly touched Rp 18,200 per US Dollar. Amid the current high interest rate trend, a number of sectors will benefit considerably, such as banking, consumer goods due to maintained purchasing power, and the commodity sector, particularly export-oriented issuers. In minimising risk during current market conditions, the Investment Manager is paying attention to the correction effect on bond prices, making it necessary to rebalance the portfolio towards bonds with underlying assets offering better interest rates.