Indonesia’s Danantara seeks to silence doubters with ‘super transparent’ fund

Investment chief Pandu Sjahrir is confident the new sovereign wealth fund can overcome market jitters and keep political meddling at bay.

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Pandu Sjahrir, Danantara’s chief investment officer, played down the turmoil, describing it as a short-term reaction to rapid policy changes. “I’m actually quite optimistic. The economic fundamentals of the country remain [strong],” Pandu told This Week in Asia during an interview in Hong Kong.

“Our president is moving fast in addressing new policies,” he added. “Because things are moving so fast, the market also needs time to absorb it.”.