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Stockbit and Fullerton Fund Management forge strategic partnership to tap the Indonesian fund management market

Both firms will collaborate to deliver investment solutions tailored to the needs of Indonesian investors JAKARTA, Indonesia and SINGAPORE, May 30, 2023 /PRNewswire/ PT Stockbit Investa Bersama ("Stockbit") and Fullerton Fund Management Company Ltd ("Fullerton"), have entered into a strategic partnership to address the wealth management needs of Indonesian investors. Stockbit, Indonesia's leading digital investing platform and Fullerton, an established Singapore headquartered investment specialist, have jointly acquired PT Ayers Asia Asset Management, an Indonesian asset management firm based in Jakarta. With this acquisition, they will collaborate to manufacture and distribute quality investment solutions for a wide spectrum of investors across retail, intermediaries and institutions. Both firms noted the partnership represents an exciting opportunity to serve one of the most dynamic markets in Southeast Asia. "Stockbit sincerely appreciates the guidance

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