Will Danantara Faces Success? A Comparative Studies with Temasek and Khazanah

Abstract

This study investigates the potential success of Danantara, a sovereign wealth fund, by comparing its strategies, governance, and performance to two established investment entities: Temasek of Singapore and Khazanah of Malaysia. The study conducts a comparative analysis of major criteria such as investment diversification, risk management, governance frameworks, and economic impact. Temasek's rapid worldwide expansion and commercial strategy, together with Khazanah's dual role in nation-building and strategic investments, give useful benchmarks for assessing Danantara's trajectory. The study evaluates whether Danantara can replicate or outperform its rivals' success by implementing best practices and overcoming regional economic constraints. The findings show that Danantara's success will be determined by its ability to balance financial returns with national development goals, effective governance, and market adaptability.