A positive economic outlook and the implementation of reforms are factors that support both currencies, according to Amundi Asset Management.
Tag: Indonesia
Indonesia 2017 AUM target hard to meet
High interest rates offered by Indonesian banks will likely undermine government targets to grow the AUM of the mutual fund industry to IDR1quadrillion ($75.5bn) by 2017 and reach seven million in investor count, according to a Cerulli Associates report.
MG keen on adding India Indonesia debt
M&G Investments is looking to add selective allocations to local currency debt in countries like India and Indonesia, said Claudia Calich, emerging markets debt fund manager.
Aberdeen starts operations in Indonesia
Aberdeen Asset Management Asia has launched its business in Indonesia as a fully licensed onshore fund manager.
Asian fixed income to do well in 2015 BlackRock
While the US Federal Reserve looks poised to raise interest rates in 2015, Asian fixed income market will do well as countries like India and Indonesia are expected to benefit from lower commodity prices through lower inflation and lower subsidy bills, said Joel Kim, head of Asia-Pacific fixed income at BlackRock.
Amundi overweight on China equities
Amundi Group’s global allocation is overweight China equities as the group plans to expand in Asia, according to Pascal Blanqué, chief executive officer.
