Indonesia, Malaysia, the Philippines and Thailand remain unpopular investment areas due to the probl...
Indonesia, Malaysia, the Philippines and Thailand remain unpopular investment areas due to the problems of political instability and corruption. Alistair Thompson, investment manager at Edinburgh Fund Managers says: "There is a pretty poor outlook for Indonesia given that companies have not changed and there is still a very highly leveraged relationship between politics and business." Gerald Smith, head of Asia-Pacific equities at Baillie Gifford, agrees: "Indonesia is a mess. With the separatist tendencies, there is a real risk the country will disintegrate. The main thing going for it ...
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