Jakarta - PT Bahana TCW Investment Management (Bahana TCW) recorded that the assets under management (AUM) of the Bahana TCW Mutual Fund as of July 2021 reached Rp43.41 trillion (excluding AUM of fund management contracts, limited participation funds).

"The company managed to maintain the position of the second largest investment manager based on the value of AUM of Mutual Funds in the investment management industry in Indonesia," said President Director of Bahana TCW Rukmi Proborini in a statement on Thursday (26/8).

According to Rukmi, the AUM Bahana TCW position was relatively stable, and the growth of AUM Bahana TCW at the end of 2020 was also better than the previous year when there was no pandemic.

In terms of the development of retail investors, both through bank and non-bank distribution channels (fintech and securities) also showed encouraging growth.

As of July 2021, the total retail investors of Bahana TCW reached 82,678,