Jurnal Ekonomi Indonesia
Vol 15 No 1 (2026): April 2026

Asset allocation and strategic role of Danantara Indonesia sovereign wealth fund

Yanti, Rosmi (Unknown)
Mahadianto, Moh Yudi (Unknown)
Shafana, Nurul Fikri Rahmah (Unknown)



Article Info

Publish Date
01 May 2026

Abstract

This article takes a look at what makes a sovereign wealth fund successful, with a focus on where the recently established Daya Anagata Nusantara in Indonesia fits into the bigger picture of international and ASEAN investment frameworks. This study employs a quantitative methodology, examining a statistical sample of 25 observations extracted from the annual reports of five prominent sovereign wealth funds: Norway's GPFG, the Abu Dhabi Investment Authority, Singapore's GIC, China Investment Corporation, and Malaysia's Khazanah Nasional, from 2020 to 2024. Danantara is studied using a SWOT framework, descriptive statistics, correlation analysis, and principal component analysis. However real estate and renewable energy may demonstrate restricted or maybe negative short-term effects, The data indicate that market value and stock allocations are the primary factors influencing the long-term success of sovereign wealth funds. A comparative analysis reveals significant differences in transparency and governance, with Norway's GPFG serving as a benchmark worldwide. The implications indicate that Danantara ought to focus on equitable growth, create strong governance frameworks, and strategically align itself as a digitally-focused sovereign wealth fund to improve investment diplomacy within ASEAN.

Copyrights © 2026






Journal Info

Abbrev

isei

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Indonesia is a journal published by Ikatan Sarjana Ekonomi Indonesia (ISEI) consists of academic articles on various subject areas including monetary and macroprudential regulation, finance and banking system, international economics, development economics, environmental and natural ...