Win Award At Best Mutual Fund Award 2024, STAR Asset Management Targets Fund Management To Increase By IDR 7 Trillion

STAR AM President Director Hanif Mantiq. (Photo: Special)

JAKARTA PT Surya Timur Alam Raya Asset Management (STAR AM) revealed that it has an ambitious target for 2024, which is to increase the total managed funds (AUM) by IDR 7 trillion, so it is estimated that the total managed funds will increase from IDR 16 trillion to IDR 23 trillion.

STAR AM President Director Hanif Mantiq conveyed that the main strategy to achieve this target includes optimization of digital marketing, increased direct sales to institutions and companies, intensification of cooperation with mutual fund selling agents, and launch of online mutual fund products.

"We are optimistic that we can achieve our AUM growth target, thanks to our comprehensive marketing strategy and focusing on our investor needs," said Hanif in his official statement, Friday, April 5.

In addition to this target, STAR AM achieved brilliant achievements in the investment management industry by winning several prestigious awards at the 2024 Best Mutual Fund Award organized by PT Infovesta Utama (Infovesta) and Investor Trust.

In the event, STAR AM succeeded in proving the quality and performance of superior investment products by winning three prestigious awards, namely:

- STAR Money Market Class Utama, for the Asset Class Money Market Mutual category of IDR 10 Billion - IDR 100 Billion for a 5 year period. - STAR Stable Income Fund, for the category of Fixed Revenue Fund Rupiah class assets above IDR 1 trillion for the 1 year period. - STAR Fixed Income Dollar, for the Fixed US Dollar Revenue Fund Mutual category for the 1 year period.

Meanwhile, the award was handed over by the CEO of Investor Trust Primus Dorimulu, and the Director of Infovesta Parto Kawito who was received directly by the Head of Fixed Income Henry Buntoro and the President Director of STAR AM Hanif Mantiq at the event which was held at the Aryaduta Menteng Hotel, Central Jakarta.

Accepting this award is a great honor for us. This proves STAR AM's commitment to continue to innovate and provide optimal investment performance for our investors," said Hanif.

Hanif said that this award is proof of fierce competition in the investment management industry, and is proud to be superior among the best.

The award we received tonight was the first step in our journey this year to provide more extraordinary value to our investors. Not to forget, I represent STAR AM management expressing my deepest gratitude to investors and stakeholders who have given very high trust to STAR AM. " he explained.