Bisnis.com, JAKARTA — Pension funds are beginning to slash its equity investments amid persistent pressure on the capital market amid escalating tensions in the Middle East, while safe-haven assets like government bonds (SBN) and Bank Indonesia Rupiah Securities (SRBI) are increasing in appeal.
As concerns grow over the war between Israel and Iran — now involving the United States — global investors are moving away from risky assets like equities, which has also dragged down Indonesia’s main stock index, the IDX Composite (IHSG).
