Ashmore Asset Management Indonesia – Bank Danamon Indonesia Collaboration Presenting Leading Mutual Funds

Ashmore Asset Management Indonesia and Bank Danamon Indonesia recently announced a collaboration and investment solutions following public demand that continue to provide returns attractiveness amidst conditions of low interest rates, a weakening IDR exchange rate and a weak capital market fluctuation during a virtual media gathering with speakers: Michellina Triwardhany as Vice Director Bank Danamon Indonesia, Arief Wana as Director Ashmore Asset Management Indonesia and Teddy Oetomo as President Bukalapak.

During this global pandemic, mutual funds are another alternative of funding, where mutual funds present an attractive investment solution though in a situation of the falling savings interest rates.

As an initial step of the partnership, which aims to provide investment solutions as needed by customers, Bank Danamon Indonesia will market superior mutual fund products managed by Ashmore Indonesia, named as: Ashmore Dana Progresif Nusantara (ADPN) and Ashmore Dana Bond Nusantara (ADON).