DistantNews
Support us
๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

BRI-MI Partners with Ayovest to Expand Mutual Fund Investment Access

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • PT BRI Manajemen Investasi (BRI-MI) has partnered with digital investment platform Ayovest to expand the distribution of its mutual fund products.
  • The collaboration aims to increase the reach of retail investors and boost investment growth through digital channels.
  • Both companies are targeting an increase in assets under management by strengthening digital distribution and investment education.

PT BRI Manajemen Investasi (BRI-MI) is expanding its reach in the Indonesian investment landscape through a new collaboration with the digital investment platform Ayovest.

The partnership aims to broaden the distribution of BRI-MI's mutual fund products, making them more accessible to a wider range of retail investors. By integrating BRI-MI's offerings onto the Ayovest platform, the companies seek to tap into the growing digital investment market and encourage more individuals to participate in capital markets.

The synergy between BRI-MI and Ayovest aims to provide access and ease of investment for more investors digitally. This is part of our strategy to build a more effective and inclusive investment distribution ecosystem in the capital market industry. Going forward, we are optimistic that this collaboration will create significant added value through an increasingly integrated digital investment ecosystem.

โ€” Arief BudimanBRI-MI CEO on the strategic goals of the partnership with Ayovest.

BRI-MI's CEO, Arief Budiman, stated that digital channels are crucial for increasing public access to investment products. He expressed optimism that the synergy between BRI-MI and Ayovest will foster a more effective and inclusive investment distribution ecosystem. Ayovest CEO Sonny Afriansyah echoed this sentiment, emphasizing the collaboration's role in strengthening an inclusive digital investment ecosystem and making investing easier for the public.

The collaboration will make several BRI-MI products available on Ayovest, including those focused on money market, fixed income, and sharia instruments, catering to diverse risk profiles and financial goals. This move aligns with a broader trend in the investment management industry, where digital distribution is increasingly favored to reach new and younger investors.

The cooperation with BRI-MI is a strategic step in strengthening an inclusive digital investment ecosystem. Through this synergy, we are committed to expanding service access, so that people can start investing more easily and choose products that best suit their financial goals and risk profiles. Because we believe that a good understanding of risk profile is the main key in investing.

โ€” Sonny AfriansyahAyovest CEO on the benefits of the partnership for investors.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.