JAKARTA -- Indonesia's four-week-old sovereign wealth fund will seek to earn $8 billion a year -- a 60% increase on the current level -- in dividends from state-owned enterprises (SOEs), according to its chief investment officer.
CIO says sovereign wealth fund needs to 'explain our intentions' to skeptical investors

Pandu Patria Sjahrir, chief investment officer of Danantara, told Nikkei Asia that one of the priorities of Indonesia's new sovereign wealth fund is to professionalize the country's state-owned enterprises. (Photo by Dimas Ardian)
JAKARTA -- Indonesia's four-week-old sovereign wealth fund will seek to earn $8 billion a year -- a 60% increase on the current level -- in dividends from state-owned enterprises (SOEs), according to its chief investment officer.