Hundred dollar bills are seen in this photo illustration. - AFP
JAKARTA (The Jakarta Post/ANN): Indonesia’s sovereign wealth fund should diversify its investment beyond infrastructure projects to attract foreign capital, while maintaining transparency, according to the Institute for Development of Economics and Finance (Indef).
Indef economist Eko Listiyanto said that while infrastructure projects were still profitable, the global trend showed that sovereign wealth funds invested more in private equity than infrastructure, citing International Forum of Sovereign Wealth Fund (IFSWF) data.
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