Mirae Asset Sekuritas Strengthens Wealth Management Services Amid an Increasingly Selective Market

PT Mirae Asset Sekuritas Indonesia sees room for further strengthening in the domestic market in the second half of 2026, as external pressures on Indonesia begin to ease. The weakening of the US dollar and strengthening of the rupiah provide greater room for authorities to maintain stability while supporting domestic economic growth. However, investors still need to closely monitor various trade-offs, particularly those related to inflation, exchange rate stability, fiscal credibility, as well as the quality of economic growth and corporate earnings.

Rully Arya Wisnubroto, Head of Research & Chief Economist at PT Mirae Asset Sekuritas Indonesia, said that investors’ attention is gradually shifting from global risks toward domestic factors as external pressures ease. This condition makes the quality of growth and consistency of domestic policies increasingly important in determining the direction of the market.

“There is still room for the domestic market to strengthen, but with a more balanced risk profile. Investors’ attention will increasingly shift toward the quality of growth and consistency of domestic policies, including fiscal realization, inflation developments, and the effectiveness of liquidity transmission to productive sectors. Therefore, maintaining a balance between growth, inflation, fiscal credibility, and exchange rate stability is becoming increasingly important,” said Rully.

On the other hand, the banking sector is one area that warrants close attention. Muhammad Nurkholis Syafruddin, Research Analyst at PT Mirae Asset Sekuritas Indonesia, noted that still-tight liquidity conditions, resilient credit growth, and changes in reserve requirement policies are beginning to reshape the banking industry. These conditions create different opportunities and challenges for each bank.

“Despite the Rp451 trillion deployment of SAL, banking liquidity is expected to remain tight amid strong credit growth,” said Nurkholis.

According to him, changes to the reserve requirement regulations, which will take effect in September 2026, also have the potential to affect each bank differently. Given differences in liquidity conditions and capital characteristics, banks need to be assessed more selectively to identify which ones have greater room for growth amid changing industry conditions.

Amid increasingly dynamic and selective market conditions, investor needs are also continuing to evolve. Investors not only require access to a wide range of investment products, but also an approach that can help manage assets in line with their long-term financial needs and goals.

In response to these developments, Mirae Asset Sekuritas is introducing its Wealth Management transformation as part of the Company’s new business journey. The growing middle-class and mass-affluent segments are also creating an increasingly larger market opportunity, alongside rising demand for more structured approaches to managing finances, investing, and growing assets.

Tomi Taufan, Director of PT Mirae Asset Sekuritas Indonesia, said the transformation is aimed at addressing increasingly diverse customer needs. According to him, asset management is no longer sufficient simply by offering a range of investment products; it needs to begin with understanding each customer’s needs and objectives.

“Wealth Management is no longer simply about what products are available, but starts with understanding customers’ needs and then providing solutions that are suited to those needs. Therefore, we are driving a shift from a product-centric to a client-centric approach,” said Tomi.

Through this approach, Mirae Asset Sekuritas can tailor solutions to customers’ needs, ranging from liquidity and income needs to asset growth, protection, diversification, financial planning, and global investment. This approach enables customers to receive a more comprehensive strategy aligned with their financial needs and objectives.

The transformation is supported by five key pillars: Service, Product, Access, Global, and Technology. These five pillars encompass more personalized services, a diverse range of investment products, and broader access through M-STOCK and 29 Mirae Asset Sekuritas Education Offices across various regions in Indonesia. Customers can also gain access to the Mirae Asset global investment ecosystem, as well as technology support to help monitor their portfolios and develop investment strategies aligned with their financial goals.

“Through this Wealth Management transformation, we aim to build long-term relationships with customers by providing services and solutions that meet their needs. With the support of our nationwide network, global ecosystem, diverse products, and technology, we want to help customers manage and grow their assets in a more structured and purposeful way,” said Tomi.