Jakarta - PT Ashmore Asset Management Indonesia Tbk (AMOR) estimates that the total managed fund (AUM) until September 2022 is Rp32.4 trillion.

"AUM decreased by Rp1 trillion from last June's period of Rp33.4 trillion, due to the release of investment funds of Rp2 trillion and offset by an increase in investment performance of Rp1 trillion," said Ashmore President Director Ronaldus Gandahusada in a press release, Friday (10/14).

During this period, Ashmore launched four new products: one mutual fund and three fund management contracts. Meanwhile, the fundraising for the four products is Rp1.5 trillion.

"This quarter, Ashmore launched its first Islamic money market mutual fund, namely Ashmore Dana Syariah Money Market, which is available through the bMoney and Bukalapak applications," he added.

Following the launch of the bMoney app in June 2022, the BID has attracted 680,000 users and increased AUM to Rp1.4 trillion by