Understanding Investment Risks, IFG Invites Millennials And Gen Z To Manage Finance Wisely

Head of Portfolio Analystical Group PT Bahana TCW Investment Management Budi Hikmat. (Photo: Doc. IFG)

JAKARTA - Indonesia Financial Group (IFG), Holding BUMN Insurance, Guarantee, and Investment are committed to encouraging financial literacy strengthening, especially related to investment for millennials and Gen Z. This is based on the fact that millennials and Gen Z are interested in investing, but not based on a comprehensive understanding of investment risks, ways and goals.

A concrete form of the commitment is IFG's support for the Goes to Campus activity entitled Financial Literacy, which took place at Trisakti University, on Tuesday, September 24

Present as one of the speakers representing IFG in the activity, Budi Hikmat, Head of Portfolio Analystical Group PT Bahana TCW Investment Management, one of the IFG Holding Members, with the main material "Don't Be Tuwir Before Tajir".

Budi Hikmat said, as a generation that will become the backbone of Indonesia's economy in the future, it is important for millennials and Gen Z to understand the principles of adequate investment, especially in terms of risk management.

Therefore, investment selection must be based on a rational attitude towards products, by getting to know certain investment products well, knowing their risks, and observing the right investment time. This is done so that the investment decision provides continuous added value for the financial goals to be achieved.

One of the principles of investment is optimal risk management. Some of the guidelines in investing include being rational, patient and nimble, pricing the value not value the price," he said.

Budi Hikmat also invites students to have a career in the financial industry, especially in the capital market and investment. He shares tips for students who want to prepare and be interested in their careers in the sector.

IFG Corporate Secretary Oktarina Dwidya Sistha added, IFG together with Holding Members continue to support the government's efforts to strengthen public financial literacy, especially the millennial generation and Gen Z. He hopes that the younger generation will get the right understanding of how to analyze and measure investment plans properly and appropriately so that they can minimize risks.

"Support for this program further strengthens IFG's strategic role in strengthening financial literacy, especially investment. We also hope that this program can boost financial literacy and investment in the capital market, especially from millennials and Gen Z," he said.

For your information, PT Bahana TCW Investment Management (Banaa TCW), a member of Holding IFG, is currently ranked first as the investment manager with the largest managed fund in July 2024, up one rank from the previous month. Meanwhile, the mutual fund management of Bahana TCW was recorded at IDR 44.42 trillion, with a market share controlled at 9%.

Meanwhile, Deputy Dean 1 of the Faculty of Economics and Business, Trisakti Husna trawry Yusran, said that his party appreciated this financial literacy program in order to keep up with the rampant phenomenon of people taking shortcuts on financial solutions by debt. Meanwhile, people who have funds do not know how to manage wise finances.

Young students need an understanding of various risks when they have to make decisions related to finance. We appreciate the financial literacy program on campus and thank you for Trisakti for being the host. Our students received valuable provisions related to financial literacy," he explained.