Company Urges Investors to Make Periodic Investments
5 May 2015 16:26 WIB
TEMPO.CO, Jakarta - Asset management company Manulife Asset Management (Manulife), suggested investors to purchase shares periodically to face the ongoing slow down in the capital market. The company also urged investors to refrain from divesting their shares as the Rupiah continues to weaken.
"Investors must consistently invest in mutual funds periodically to outsmart the plummeting market," said Putut E. Andanawarih, Director of Business Development at Manulife on Monday, May 4, 2015.
Putut said that investors must think carefully before pulling out their investment in the capital market. Putut asserted that investors will suffer from low purchasing power if they decided to stop investing in the capital market during the downturn.
"Bailing out from the weakening market means ignoring major growth in the future," Putut said.
Putut added that investors must be able to see the weakening market as an opportunity to purchase shares that can boost their purchasing power.
In the last few weeks, the IDX has been experiencing a sharp decrease, dropping from a level of 5,523 to 5,086 (7.9 percent lower) on last week’s trade with a minor 1.08 percent rebound to 5,141 on Monday, May 4, 2015.
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