Ryan Novryansyah, SE., MBA, Head of Investment Planning, Fixed Income & Money Market at Telkom Pension Fund, emphasized that adherence to regulations is essential for maintaining financial integrity and ensuring the long-term sustainability of pension fund investment portfolios. He highlighted how the Telkom Pension Fund upholds these principles while managing the pension fund portfolio of 37,180 Telkom pension program participants.
Ryan shared his expertise during a guest lecture on Advanced Financial Planning at SBM ITB on Monday (11/11). He explained that pension fund institutions diversify investments across various asset classes to mitigate risk. These include cash, government and corporate bonds, equities, property, and alternative investments.
To optimize investment portfolios, several models are employed, such as the Markowitz Model for maximizing returns through diversification and the CAMEL and Beneish models for assessing financial health and detecting potential manipulation in financial records. Citing a classic lesson from Uncle Scrooge, Ryan reminded students that “money should not sit still; it should circulate and work for you.”
Ryan also explained the two primary types of retirement programs: Defined Benefit and Defined Contribution. Defined Benefit programs, he noted, are more advantageous for employees lacking investment expertise.
“Because it guarantees a certain retirement benefit,” Ryan said.
In contrast, Defined Contribution programs are more cost-effective for companies due to their lower financial commitments, although the outcomes depend on investment performance.
By the end of the session, students gained comprehensive insights into constructing investment portfolios and navigating the complexities of pension fund management in a data-driven environment. SBM ITB remains committed to integrating industry expertise into its curriculum, equipping students with valuable knowledge to shape their future careers in finance.
