Manage Funds Of IDR 39.48 Trillion, Bahana TCW Consistently Applys AKHLAK Values In Business Development

Photo: Doc. Ministry of SOEs

JAKARTA PT Bahana TCW Investment Management is committed to implementing the principles of Mandate, Competent, Harmonious, Loyal, Adaptive, and Collaborative (AKHLAK) in providing investment services and products based on community needs.

Director of Bahana TCW Dania Adblackata stated, as a subsidiary of the Insurance and Guarantee BUMN Holding (Indonesia Financial Group/IFG), his party encourages all people in the company to continue to make a positive contribution to the financial and economic industry.

"As an effort to adapt to investment dynamics and provide investment alternatives for the community, Bahana TCW has launched six investment products in collaboration with a number of partners," he said in a written statement on Wednesday, October 26.

Dania explained that some of the services launched were the Bahana Gebyar Fund for Liquid Funds (BGDL) in collaboration with BCA, Bahana Himaya Likuid Syariah with BSI, and Bahana Global Healthcare Sharia Equity USD Fund with Bank DBS Indonesia and Standard Chartered Indonesia.

Meanwhile, in 2021, the state-owned company recorded 18 investment products. In terms of product distribution, Bahana TCW has collaborated with approximately 15 banks and 20 other selling agents.

"In developing and managing investment products, we always focus on strict risk culture and good corporate governance principles," he said.

Dania added that the preparation of prudent investment products supported by a broad distribution network increases investor confidence in placing its investment in Bahana TCW's investment products.

Evidently, until September 2022, Bahana TCW posted an AUM of IDR 39.48 trillion. He said, the magnitude of this AUM places Bahana TCW in second place in the ranks of investment managers with the largest mutual fund management funds (AUM) in Indonesia.

For this nick, Bahana TCW managed to get appreciation from the Ministry of SOEs in the form of an award for the category of the Implementation Category Index for the Alliance Service Cluster and Pension Fund (Capital Market & Investment).

This award is claimed to be a benchmark for the application of AKHLAK as a core value in every state-owned company and its subsidiary.

"The reward received is a big appreciation and is proof of our commitment to upholding business principles and good investment management based on the value of AKHLAK," he said.

"We hope that this award can maintain our enthusiasm to continue to present investment products that are in accordance with the needs of the community as well as to maintain the achievement of good performance of the company," concluded Dania.