Indonesia and India face structural obstacles to economic growth from the double whammy of weaker currencies and high oil prices. Lack of fuel subsidy reform is holding both back.
Tag : indonesia
The recent falls in Asean stock markets have created a tremendous buying opportunity, says investment director Abdul Jalil Rasheed, but further falls could be coming.
The UK asset manager has hired 11 staff locally, but admits it will take time to build a track record and brand in what is an embryonic funds market.
Indonesia’s leading public-sector fund is undergoing major restructuring that could turn it into a regional investment giant.
The US fund manager aims to enter retail markets in Malaysia and Vietnam, and build onshore businesses in Taiwan and, ultimately, Indonesia.
The Indonesia Stock Exchange has big ambitions and is making technology improvements to help it achieve them.
Manulife Asset Management Indonesia took in strong inflows last year and has lured a senior executive from local rival BNP Paribas Investment Partners.
The expected introduction of third-party securities clearing next year will coincide with the expansion of the asset management sector, says BNP Paribas.
Renato de Guzman says the private bank is seeking to grab market share after strengthening its Indonesia coverage team.
Doug Coulter of LGT Capital Partners highlights Indonesia and India as being the most interesting private equity targets for those who want an alternative to China.
DBS Private Bank appoints industry veterans Stanley Puah Soon Kwang and Tan See Wee to lead its wealth management drive in Indonesia.
Higher income expectations, healthy savings and rising aspirations will fuel consumer spending in 2011, according to a new Credit Suisse survey of seven emerging markets.