Hunt for Fed-Pivot Winners Sparks a Rush to Indonesia, Malaysia
Listen to the full version
(Bloomberg) — Global investors are boosting exposure to Indonesia and Malaysia on bets the two markets will benefit more than their developing-nation peers as the Federal Reserve looks set to embark on monetary easing.
Sound fiscal policies and focus on new technology sectors such as electric vehicles and data centers are among factors attracting funds to the two Southeast Asian markets, which have long been overshadowed by bigger rivals India and China. Conviction is growing that their relatively light foreign positioning and reasonable valuations will lure more flows from overseas.
Download our app to receive breaking news alerts and read the news on the go.
Get our weekly free Must-Read newsletter.
- PODCAST
- MOST POPULAR