Indonesia’s US$52 billion fund to invest 5% of assets abroad
The plan marks a key shift for BPJS TK has outgrown Indonesia’s shallow capital markets
[JAKARTA] Indonesia’s largest social security fund is poised to invest as much as 5 per cent of its nearly US$52 billion portfolio in overseas assets, according to its investment director.
BPJS Ketenagakerjaan, or BPJS TK,
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