Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Unram Law Review
Vincent Guo
Unknown Affiliation
Law, Crime, Criminology & Criminal Justice

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Sovereign Wealth Fund (SWF): Comparison between Indonesia, Singapore and Malaysia Vincent Guo; Rouli Anita Velentina
Unram Law Review Vol 9 No 2 (2025): Unram Law Review (ULREV)
Publisher : Faculty of Law, University of Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/ulrev.v9i2.435

Abstract

Sovereign Wealth Fund (SWF) is a state-owned investment institution that is professionally managed to secure financial surpluses, such as natural resource revenues or foreign exchange reserves. SWF aims to support economic stability, income diversification, and long-term development. Since 2020, the Indonesian Government has begun to strengthen the direction of its investment policy by establishing national SWFs, namely the Indonesia Investment Authority (INA) and Daya Anagata Nusantara (Danantara). The establishment of these two institutions is based on regulations such as the Job Creation Law, the BUMN Law, and their implementing regulations. In a global context, the concept of SWF has developed since 1953 and is standardized through the Santiago Principles by the IMF and the International Forum of Sovereign Wealth Funds. This study aims to examine the structure, role, and effectiveness of Indonesia’s SWF, and compare it with the SWF models in Singapore (Temasek and GIC) and Malaysia (Khazanah and 1MDB). Through a comparative approach, this study provides a more comprehensive picture of Indonesia’s position in SWF management and lessons learned from successful and failed SWFs in neighboring countries.
Co-Authors Rouli Anita Velentina