Sovereign wealth funds

The financing was structured through convertible dividend preference shares, that pay dividends with the option to convert to equity

The city-state aims to capture opportunities in cross-border wealth, tokenisation and sovereign capital

The fund says its order book peaking at around US$4.6 billion indicates “strong confidence” from global finance markets

The notes are expected to be issued on Jun 18 under its US$5 billion global medium-term note programme

It set the final price guidance at 5.35% for five-year notes and 5.95% for 10-year notes

Still at a preliminary stage, it will carry a coupon of 3%

The offering comes amid the growing concern among investors about some of President Prabowo initiatives

[JAKARTA] Indonesia’s first sovereign wealth fund is investing in a mix of funds and private companies as it bets on infrastructure around artificial intelligence, part of a global investment boom in ...

The fund has deployed 74.5 trillion rupiah, with 30% going to digital infrastructure