The regulator is ready to allow the launch of such products, having frozen them in 2008. But it has more liberalising to do, says Tino Moorrees of BNP Paribas Investment Partners in Jakarta.
Tag : bapepam
Asset managers in Indonesia will soon be allowed to invest in foreign funds, but they would also like to see the limit raised on foreign asset allocation.
Prudential Asset Management could be one of the next firms to benefit, having recently designated a chief executive for the branch it is hoping to set up in Jakarta.
