Indonesia to allow derivatives-based protected funds again
The regulator is ready to allow the launch of such products, having frozen them in 2008. But it has more liberalising to do, says Tino Moorrees of BNP Paribas Investment Partners in Jakarta.
Since 2008, the launch of equity-linked protected funds using derivatives and funds using constant-proportion portfolio insurance (CPPI) strategies has been halted in Indonesia.
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