2026 Investment Strategies: Shifting Focus from Returns to Risk Management

Mixed Asset Performance in 2025

The year 2025 has seen varied performance across different investment assets. Gold maintained its position as the top performer with a 54.72% year-to-date (YtD) return as of December 2025 ¹

. The spot gold price recorded a 3.09% monthly return, while Antam gold showed a 4.95% monthly gain. In contrast, the cryptocurrency market experienced a downturn, with Bitcoin declining by 15.82% and Ethereum falling by 12.78% YtD ¹

Source 1

https://investasi.kontan.co.id/news/strategi-investasi-2026-emas-dinilai-bukan-lagi-mesin-return-utama

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Emerging Trends for 2026

As we enter 2026, investment strategies are expected to shift from focusing solely on high returns to emphasizing risk management and portfolio rebalancing. This change comes as investors seek to consolidate gains and protect against potential market volatility. The Indonesian stock market, represented by the IHSG, showed a 21.63% YtD growth, while government and corporate bonds recorded gains of 11.44% and 10.82% YtD, respectively ¹

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Investment Landscape Analysis

The strong performance of gold in 2025 can be attributed to its traditional safe-haven status during times of economic uncertainty. However, analysts suggest that its role as a primary return driver may be diminishing as other asset classes begin to recover. The stock market's significant growth indicates a positive outlook for equities, potentially drawing investor attention away from gold.