iShares MSCI Indonesia Invstble Mkt Idx
The first Idea that comes to my mind when I think of Emerging Markets (EM) is Asia. China, the second biggest economy in the world, has been the epitome of EM for decades. The country has been the engine that caused commodities such as iron ore and soybeans to soar during the last ten years. That said, the Chinese economic revolution has fueled the development of other much smaller countries more »
The shares of the London listed Indonesia based Bumi Plc, which has a significant representation in Market Vectors Indonesia Index ETF : IDX), have gone up by as much as 48% since October 11 following the revelation that Indonesia’s Bakrie family has decided to split the business by buying back their stake from Bumi for $1.4 billion.
Financial irregularities in one of the firms owned by Bakries have created more »
By the end of the 2nd quarter of 2012 it became clear that Indonesia was going to be the engine of growth for ASEAN over the next few years. With GDP growth exceeding expectations at 6.5% and foreign investment rising 30.2% year over year the worries over political and fiscal distress in Europe and the U.S. faded somewhat. Now that the Western central banks have announced more »
Indonesia has been one the best spots on the globe for investors to put their money the past three years. Its stock market outperformed the regional index by a whopping 130%! But so far this year, it has been a far different story. So far in 2012 the MSCI Indonesia has risen a mere 1.4%, far short of the MSCI Asia ex-Japan index return of 15.8%.
Nevertheless, the more »