Melbourne-based AFM Investment Partners will represent Indonesian investment manager Mandiri Investasi in Australia, after the two parties reached a distribution agreement earlier this week.
"Mandiri and AFM will partner and target Australian institutional investors interested in exposure to Indonesia's stock market and money market," AFM managing director John Donovan said.
"Australian super funds and institutions are increasingly interested in investing in Asia and Indonesia, being our neighbour and a major market full of opportunities."
Mandiri is the asset management division of Bank Mandiri and had $2.3 billion in assets under management (AUM) at the end June.
The firm is hoping to expand its foreign-sourced AUM to 20 per cent of the total portfolio over the next five years, from 1.5 per cent currently.
Most of its foreign inflows currently come from Singapore, while it is also seeking to offer products in the Hong Kong market.
The Indonesian stock market has been one of the best performers among South Asian markets.
The Jakarta Stock Exchange Composite Index more than doubled in value since the beginning of 2007, and is up 50 per cent from its pre-global financial crisis highs.
Mandiri will be a partner of the Australian Institute of Superannuation Trustees' Australian Superannuation Investment Conference being held in Hobart in September.
