Sovereign fund Danantara Indonesia names 'dream team' of former presidents, Sachs, Dalio and ex-Thai PM Thaksin
- Danantara Indonesia has formed a 'dream team' including former Presidents Joko Widodo and Susilo Bambang Yudhoyono, along with Ray Dalio and Jeffrey Sachs to guide its investment strategy.
- The fund aims to manage over US$900 billion and support Indonesia's target of 8% economic growth by 2029 through investments in various sectors.
- Danantara's initial investment of US$20 billion will focus on natural resources, artificial intelligence, and energy security, responding to market concerns about political interference.
- Analysts believe the inclusion of credible global figures in Danantara's team may enhance market confidence in Indonesia's economic outlook.
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Sovereign fund Danantara Indonesia names 'dream team' of former presidents, Sachs, Dalio and ex-Thai PM Thaksin
JAKARTA: New sovereign fund Danantara Indonesia unveiled on Monday (Mar 24) what it called a "dream team" to chart its strategy, including ex-presidents as well as advisory roles for hedge fund manager Ray Dalio, economist Jeffrey Sachs and former Thai premier Thaksin Shinawatra.
Thaksin among 'dream team' to advise sovereign fund Danantara Indonesia
JAKARTA - New sovereign fund Danantara Indonesia on Monday unveiled its "dream team" to chart its strategy, which included ex-presidents and advisory roles for hedge fund manager Ray Dalio, economist Jeffrey Sachs and influential former premier Thaksin Shinawatra.
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