Taking Part 28 Years, Bahana TCW Strengthens Her Position As The Second Largest Investment Manager

Illustration. (Photo: Doc. Antara)

JAKARTA - Has been active for 28 years in the investment industry of Indonesia, the leading investment management company PT Bahana TCW Investment Management (Bana TCW) as well as a subsidiary of the Insurance and Guarantee BUMN Holding (Indonesia Financial Group - IFG) strengthens its position as investment manager with the second largest asset under management (AUM) product management fund in Indonesia.

Until December 2022, Bahana TCW posted an asset under management (AUM) of IDR 39.21 trillion outside the RDPT/Cash Limited Participation Fund & KPD / Fund Management Contract. This AUM position has grown by an average of 15.56 percent per year (CAGR) even though in recent years the economic condition has not been easy and the volatility of the capital market is quite high. "This year we contributed to the country's investment industry. And this year is a milestone in our long journey to continue to be committed to innovating products and services in order to adapt to investment dynamics and provide alternative investments for the community," said President Director of Bahana TCW Rukmi Proborini, in his statement, Monday, January 16.

With 28 years of experience, Bahana TCW has managed more than 125 fund management products with investment products offered quite widely ranging from mutual funds, asset and financial management, fund management contracts (KPD), and others.

Armed with decades of professional experience and a strong commitment to prioritizing good governance which has been appreciated by many parties at home and abroad and supported by human resource talent, Bahana TCW is ready to help people invest through various class and instrument assets.

"The TCW eclipse has had a strategic role in the Investment Industry in Indonesia. Since 2005, Bahana TCW has become a pioneer in the industry by launching the flagship fund ABF Indonesia Bond Index Fund (ABF IBI FUND) which is a Collective Investment Contract based on Law Number: 8 of 1995 concerning the Capital Article. ABF IBI FUND is an index mutual fund that refers to IBOXX ABF Indonesia Index where it allows investors to be able to purchase a flagship series of bonds issued by the Indonesian government. In addition, we are also the pioneer in endowment fund products in Indonesia by initiating the launch of Lestari'sDAY Fund Reksa which is the first green fund in Indonesia," said Rukmi.

In the future, he continued, along with post-COVID-19 policy polemics and the heating of geopolitical conflicts, Bahana TCW saw the need for a much better implementation of risk management than before. Bahana TCW uses a combination of top-down analyzes with bottom-ups to allow all investment products offered to get optimal returns with a measurable portfolio risk management.

"The consistency of our performance so far has resulted in various awards and recognition from domestic and foreign institutions. Among them in 2022, Bahana TCW received 6 awards including from the Refinitv Lipper Fund Awards, 2022 Global Islamic Winners for the category Best Fund over 5 Years Bond IDR, Alpha Southeast Asia Awards 2022 for the Best Overall Asset & Fund Manager category, Best Fund Manager for Pension Mandates & Private Retirement Schemes and Best Asset Manager (Money Market Funds). 2022 for the category Asuransi & Pension Fund (Capital Market & Investment) and Baraksa x Kontan Fund Awards 2022 for the Best Sharia Money Market 5 years category, "said Rukmi.

As a form of gratitude for the achievement of the 28th year journey, Bahana TCW distributed donations in the form of financial support and basic food assistance to the Double Tuna Orphanage, Palsigunung, Bogor. In addition to financial support to help ease the operation of orphanages that focus on helping children with double disabilities, Bahana TCW also distributed food packages worth IDR 10 million.