Wednesday, 23 July 2008

Indonesia favored by fund managers

Indonesia has joined China, Hong Kong and India as a favorite investment destination among fund managers, Dow Jones Newswires reported. For the second month in a row, Indonesia has come out with a solid overweight weighting in a monthly poll of fund managers conducted by Dow Jones, up from a slight overweight earlier in the year. Expectations for further interest rate cuts are piquing interest in the country. (http://www.ekon.go.id/v3/content/view/590/60/)

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