A SWF can invest in a range of investment instruments. Usually, however, its funds go into government bonds, equities and direct investment. More recently, SWFs have added private equity and hedge funds to the list.

Vantage FX Review

Over the last couple of decades, the size and number of SWFs have grown drastically. According to the SWF Institute, a global corporation, there were more than 90 SWFs with combined assets amounting to nearly USD $8.2 trillion dollars in 2020.

Capital Index Review

Capital Index Review

Per mid-February 2021, Indonesia now finally has its own SWF, called the Indonesia Investment Authority (abbreviated: INA). And, while some assume that the COVID-19 crisis has sped up the decision to establish this SWF, it is important to mention that talks about an Indonesian SWF had been going on much longer. In fact, the legal basis for INA is set in the country’s Omnibus Law on Job Creation that was passed by the House of Representatives (or DPR) in October 2020, but started being designed prior to the global COVID-19 pandemic.


The full article is available in the February 2021 edition of our monthly report. This report can be ordered by sending an email to info@indonesia-investments.com or a message to +62.882.9875.1125 (including WhatsApp).

Price of this (electronic) report:

Rp 150,000
USD $10,-
EUR €10,-

Take a glance inside the report here!




Poll Indonesia Investments

Your Opinion About the Indonesian Government's COVID-19 Strategies (PEN, PSBB/PPKM, Vaccines)?

Voting possible:  -


  • The government should do more to combat the crisis (31.9%)
  • No opinion (29%)
  • The government's policy approach is good enough (16.8%)
  • The gov't did too much, thereby damaging the economy (15.3%)
  • Raising capacity in the health industry is enough (7%)

Total amount of votes: 589