Indonesia’s Danantara must ‘outlast’ presidencies to prove worth: investment chief

Indonesia’s Danantara must outlive political administrations to prove its worth to investors and most importantly to the people, according to the sovereign wealth fund’s chief investment officer.Pandu Sjahrir said the fund was focused on the demutualisation of Jakarta’s stock market and to support the establishment of the first financial centre in Bali to boost investor confidence.“Investment is almost everything for us. Confidence is the name of the game, and we have to create long-term confidence,” Pandu said at the Nusa Dua Forum in Bali on Friday, organised by the South China Morning Post with Danantara-Indonesia" class="entity-link entity-organization" data-entity-id="28064" data-entity-type="organization">Danantara Indonesia as partner.