BRI-MI Records AUM Mutual Fund Growth Of 17 Percent

Photo: Special

JAKARTA - PT BRI Investment Management (BRI-MI) recorded an achievement by achieving the position of Top 3 investment managers (MI) in Indonesia based on managed funds or a Mutual Fund Under Management (AUM) in March 2024 of IDR 31.8 trillion, an increase of 17 percent on an annual basis.

The Acting President Director of BRI-MI, Ira Irmalia Sjam, said that this positive achievement was the result of BRI-MI's strong commitment to providing superior investment services, amidst the challenges and dynamics of the global financial market that continue to change.

Ira said, BRI-MI continues to provide the best mutual fund investment services.

This is in line with BRI-MI's vision of creating added value for investors through the management of innovative and competitive investment products.

According to him, the BRI-MI business is still showing a growth trend in 2024. This is reflected in the increase in the AUM Reksa Dana BRI-MI from Rp27.12 trillion in March 2023 to Rp31.8 trillion in March 2024, or grew 17 percent year on year (yoy).

"Thus, BRI-MI currently occupies the position of 3 investment managers with the largest mutual fund AUM. When compared to industrial AUM which fell 2.61 percent, of course BRI-MI achievements show the company's business is very resilient in the midst of market conditions that are less stable and tight competition," said Ira in his statement, Friday, April 26.

Ira added that the trust of all BRI-MI stakeholders and synergy support with Bank BRI as the parent company is one of the main keys to BRI-MI's success.

"By maximizing the synergy with Bank BRI as the majority shareholder and as one of the largest banks in the country, which is equipped with the widest network and the largest number of customers, BRI-MI will certainly continue to strive to optimally take advantage of its parent company advantage to attract more retail customers," added Ira.

The Rupiah, JCI, and bonds were under pressure at the start of trading after the 2024 Eid holiday.

This is the result of the global negative sentiment caused by the Middle East crisis which is heating up again with the current open conflict between Iran and Israel.

With the current geopolitical conditions, said Ira, the option of diversifying investment into conservative investment products can be considered by investors.

According to him, one of them is by investing in superior BRI-MI products such as the BRI Mutual Money Fund Reksa Pasar Pasar Uang II (SPU II), which offers competitive income while maintaining stable investment and liquidity value along with waiting for developments from the current geopolitical conditions.

For more information regarding BRI-MI Mutual Fund products, investors can visit BRI-MI's official account on Instagram (@reksadana.bri) or make purchases through the digital InvestASIC application, BRIGHTS, or through other BRI-MI partner APERD outlets with very affordable investments ranging from IDR 10,000.

"SPU II is BRI-MI's superior product, which offers a competitive level of income while maintaining investment capital value and maintaining liquidity stability, with 100 percent investment in domestic money market instruments and/or debt securities, so that it is suitable for conservative customers who choose to wait and see regarding the current situation," said Ira.