Publication Search

This study analyzes the effect of Bitcoin prices, the LQ45 Index, mutual fund net asset value (NAV), and the net profit margin (NPM) of gold mining companies on the price of gold as a safe haven asset within the context of the Indonesian financial market. Gold is often seen as a safe haven asset that is the primary choice of investors when economic uncertainty increases, but the relationship between gold and various other investment instruments still requires further study. This study uses a multiple linear regression method with a robust standard errors approach to analyze 420 monthly and quarterly data observations during the 2018-2022 period. The results of the study found that the price of Bitcoin and the NPM of gold mining companies had a significant positive influence on the price of gold, while the LQ45 Index had a significant influence effect. Meanwhile, the NAV of mutual funds showed a significant positive influence that was not in line with the initial hypothesis. These findings indicate that gold does not always function absolutely as a safe haven asset, as its role is contextual and still influenced by the dynamics of other investment instruments such as digital assets, stock markets, and mutual funds. The study's results make an important contribution to financial literature by proving that the safe haven characteristics of gold are complex and dynamic, so investors need to consider various factors and market conditions before allocating investments to gold as a hedging strategy in their portfolios.

Generation Z in Indonesia is increasingly interested in investment, particularly in mutual funds, but still faces challenges such as low financial literacy and a lack of understanding of investment risks. This study aims to analyze the influence of financial literacy, income, and investment risk on mutual fund investment decisions among Generation Z registered with the Indonesian Central Securities Depository (KSEI). This research employs a quantitative descriptive method with a causal approach to examine the cause-and-effect relationship between independent variables (financial literacy, income, and investment risk) and the dependent variable (mutual fund investment decisions). The study population consists of Generation Z investors who invest through KSEI, with a sample of 100 respondents selected using a non-probability sampling technique, specifically purposive sampling. Data collection was conducted through questionnaires as the primary instrument, supplemented by secondary data from journals, books, and other sources. The collected data were analyzed using the Statistical Package for the Social Sciences (SPSS) version 29. The research results show that financial literacy, income, and investment risk have a positive and significant influence on mutual fund investment decisions among Generation Z registered with the Kustodian Sentral Efek Indonesia (KSEI).

The capital market is one of them part important in representation condition country's economy. In the capital market there are several instruments are traded, one of which is is mutual funds. Mutual funds become enough choice​ interesting for society, however there is case fail pay that mutual fund investors experience​ loss. Case fail pay product mutual funds viz fail pay consequential RDT assets debt securities issued by PT. Tridomain Performance Materials Tbk Study This use method approach juridical normative that is study law literature carried out with method research material References or secondary data as base For researched with method stage search to regulation legislation and related literature​ with the problems studied. And using secondary data as base For researched. Protection law can done with use protection law preventive and repressive in case investment mutual funds as form protection to investors from government. Losses experienced by investors as a result fail pay PT. TDPM to MMI, shows that TDPM has not quite enough answer as you can form pay whole obligations and compensation make a loss as well as accept all possible sanctions​ form administrative, civil, up to criminal. Protection law preventive can seen with exists regulation established legislation​ such as the Capital Markets Law, P2SK Law, POJK 48/2015, POJK 31/2015, and others. Protection law repressive form enforcement penalty from administrative even until bankruptcy. Not quite enough answer must carried out by TDPM viz pay obligation along with flower in accordance agreement debt restructuring up to imposition penalty. And necessary see form MMI's responsibility as Manager Invest in cases This.