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Allianz Life & HSBC Release Smartwealth Rupiah Multi Asset Income Fund Investment Product
Allianz Life Indonesia in partnership with HSBC Indonesia has launched the Smartwealth Rupiah Multi Asset Income Fund, an investment product offering monthly income and long-term growth. With 70% allocated to Indonesian government bonds, it targets stable returns and low volatility, addressing demand for reliable income amid market uncertainty. The fund also includes Indonesian equities and money market instruments managed flexibly with a 5% annual distribution target. The fund reflects both institutions’ commitment to supporting clients’ financial freedom and long-term wealth planning.
Schneider Electric Launches MCSeT from Indonesia, Strengthening Strategic Role in Global Energy Innovation
Schneider Electric has launched its newest electrical solution, MCSeT with EvoPacT, globally from Indonesia, marking the country’s growing importance in the global energy sector. Its factory in Cikarang, West Java, has been appointed the first global production hub for MCSeT, supplying both local and international markets, particularly in East and Southeast Asia. Designed for key sectors like utilities, data centers, and heavy industries, the MCSeT features built-in IoT capabilities for smarter and more resilient power distribution.