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Jakarta, CNN Indonesia – PT Bank Central Asia Tbk (BCA) targeting funds managed by companies wealth management excluding insurance, it can reach 27,500 billion rupees by the end of the year.
Christine Setyabudhi, Senior Executive Vice President of BCA Wealth Management, called for corporate contributions wealth management the total activity of the company is indeed minimal. However, the trend in the future should continue to increase as the public becomes more literate towards investment products.
"Managed Funds (wealth management) To date, we are beyond insurance badets, at about 26 trillion rupees. Until the end of the year, we expect about 27,500 billion rupees, "said Christine Setyabudhi, senior vice president of BCA Wealth Management Division, in Jakarta, Monday 5/11.
A product that brings business opportunities in the field wealth management is a mutual fund product. For this reason, it continues to strengthen its cooperation with investment management companies.
The BCA has only signed a partnership with PT Eastspring Investments Indonesia. Through this collaboration, BCA will become the sales agent for two Eastpring Investment products in the form of equity funds and fixed income mutual funds.
As of September 28, Eastpring Investment managed funds of Rs 84,188 billion. The company has also been registered and supervised by the Financial Services Authority (OJK) and has worked with 9 banks in Indonesia. (mjs / acted)
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