Business & Finance
Indonesia’s Wealth Fund CIO Owns Stake in Sanctioned Brokerage
Key Points
EXCLUSIVE Indonesia’s Wealth Fund CIO Owns Stake in Sanctioned Brokerage Pandu Sjahrir, the prominent Indonesian wealth fund executive who has publicly supported MSCI Inc.’s scrutiny of the nation’s stock market, is the co-owner of a brokerage sanctioned in connection with a stock-market manipulation probe. Pandu, who as chief investment officer of Danantara has become a key liaison with global money managers, indirectly owns a 27.5% stake in PT Supra Sekuritas Indonesia, according to...
EXCLUSIVE
Indonesia’s Wealth Fund CIO Owns Stake in Sanctioned Brokerage
Pandu Sjahrir, the prominent Indonesian wealth fund executive who has publicly supported MSCI Inc.’s scrutiny of the nation’s stock market, is the co-owner of a brokerage sanctioned in connection with a stock-market manipulation probe.
Pandu, who as chief investment officer of Danantara has become a key liaison with global money managers, indirectly owns a 27.5% stake in PT Supra Sekuritas Indonesia, according to company records.