INVESTASI REKSA DANA SAHAM SECARA JANGKA PANJANG DI INDONESIA BERDASARKAN KEPUTUSAN KETUA BAPEPAM - LK

Penulis

  • Reinandus Aditya Gunawan Universitas Katolik Indonesia Atma Jaya

DOI:

https://doi.org/10.25170/jm.v11i2.827

Kata Kunci:

Decision of Head of BAPEPAM dan LK, mutual fund, hedge funds, private equity funds, protected mutual fund, , long-term investment policy

Abstrak

Decision of Head of  BAPEPAM dan LK Nr: Kep-176/BL/2008 provided that investment manager is restricted to do equity buying at company stock which listed in Bursa Efek Indonesia more than 5 % of the  said company. This regulation has effected  to mutual fund, so the said mutual fund cannot put into the long term investment because they can’t make a decision based on the ownership of the stock less than 5%. This regulation made the mutual fund manager do the day trading strategy on their investment becaused they can’t invest for the long term. Day trading strategy has made the stock market index (in Indonesia called Indeks Harga Saham Gabungan /IHSG) susceptible for the stock market crash. So investor should invest in hedge funds, private equity funds, or protected mutual fund which has long term investment policy.

Referensi

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D. K., Bayu. (2005, Desember). Karakteristik Investor dan Industri Reksa Dana. Retrived September,2014.http://www.bapepam.go.id/pasar_modal/publikasi_pm/info_pm/ warta/2005_desember/Kharakteristik%20Investor%20dan.pdf.

Gunawan, Reinandus Aditya. (2010). Pemanfaatan Metode Value Investing Benjamin Graham untuk Meraih Capital Gain di Bursa Efek Indonesia. Jurnal Ekonomi dan Bisnis. Vol.1. : 49 – 62.

Hong Kong, Securities and Futures Commission, Code on Unit Trusts and Mutual Funds. 3rd edition, Hong Kong.

Indonesia. (2008). Keputusan Ketua BAPEPAM dan LK No. Kep-176/BL/2008 Tentang Perubahan Peraturan Nomor Iv.B.1 Tentang Pedoman Pengelolaan Reksa Dana Berbentuk Kontrak Investasi Kolektif. BAPEPAM.

McCrary, Stuart A.. (2005). Hedge Fund Course. New Jersey: John Wiley & Sons, Inc..

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Unduhan

Diterbitkan

2014-11-01

Terbitan

Vol 11 No 2 (2014): Jurnal Manajemen

Bagian

Articles

Lisensi

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