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View all search resultsmutual-fund
Business 5 years ago
Investment fintech FUNDtastic acquires Invisee for $6.5m to expand to mutual funds
The fintech company, a registered financial planning consultancy, has now expanded to selling mutual funds through the acquisition of Invisee and is planning further expansion to insurance products.
Business 6 years ago
Kresna goes about business as usual despite reports of problems related to Jiwasraya
The Financial Services Authority (OJK) has denied reports that investment management firm PT Kresna Asset Management (KAM) and life insurer PT Kresna Life are under investigation by the Attorney General’s Office (AGO).
Business 6 years ago
AGO uncovers millions of suspicious transactions involving Jiwasraya’s investment instruments
Deputy attorney general for special crimes Adi Toegarisman said the AGO had initially uncovered 55,000 suspicious transactions among Jiwasraya’s stock investments. However, as the investigation progressed, the office discovered millions of such transactions, according to AGO director of investigations Febrie Adriansyah.
Business 6 years ago
‘This is a conspiracy’, lawmaker says as House scrutinizes Jiwasraya mismanagement
Jiwasraya failed to pay out customers policies, worth up to Rp 16 trillion (US$1.2 billion), that fell due in December, prompting the Attorney General’s Office (AGO) to launch a corruption investigation.
