Indonesia

The Indonesian sovereign investor sees attractive equity valuations and double-digit dollar returns in digital infrastructure, while weighing the cost of AI adoption.

State-owned investors in India, Indonesia, South Korea and Thailand are ramping up allocations towards domestic strategic assets, digital infrastructure, deep tech, and ESG initiatives.

The Indonesian sovereign wealth fund is turning the focus of its infrastructure-weighted portfolio towards advanced materials, AI and healthcare.

This week, we saw Danantara backing US energy, Nuveen completing its Schroders acquisition and AirTrunk expanding its regional data centre footprint, as well as new commitments to private real estate debt and active bond mandates.

Sovereign wealth funds are taking a more hands-on approach to investing, institutional property capital is targeting living-sector assets, and pension reforms are opening new pathways for overseas diversification.

While recent leadership appointments have reassured investors of policy continuity, severe external headwinds and a fragile currency mean foreign allocators remain wary.

GIC, ADIA and EQT exit Galderma in $6.28bn block trade; KKR, IMM Consortium Invest $2.23bn in SK Telecom’s AI data unit; Mongolia targets $2bn for AI and green data centres; Danantara commits $1bn to Partners Group private credit mandate; and more.

Danantara to acquire a stake in Indonesia Stock Exchange; PIF ramps up privatisation drive; GIC and Macquarie partner with Anthropic on US data centre platform; Singapore mulls $500m fund to climate-proof food system; and more.

GIC plans $1 billion private equity stake sale; Danantara prepares $500 million hedge fund allocation; Prime Super and Aware Super explore fund merger; and more.

Swiss Re appoints Australia and New Zealand CEO; AustralianSuper names Australian equities co-heads; ASX CFO steps down; and more.

South Korea's SWF KIC opens an office in Tokyo; Danantara merges four asset managers; CEFC backs Tasmania forestry deal; and more.

QBE takes full control of India's Raheja QBE general insurer; Korea plans new investment fund using tax windfall from AI; Mubadala opens $25bn credit business to outside Investors; and more.