Southeast Asia stirs

The 2002 snapback in Southeast Asia has brought renewed attention to markets that large foreign institutions have mostly ignored since the Asian financial crisis of 1997 - despite substantial economic, political and regulatory reforms. Can Southeast Asia sustain the gains? Or was CalPERS correct to...

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Bibliographic Details
Published in:Institutional Investor 2002-05, Vol.36 (5), p.139
Main Author: Cumming-Bruce, Nick
Format: Article
Language:English
Subjects:
Asset management
Economic recovery
Emerging markets
GDP
Gross Domestic Product
Investment policy
Investments
Manycountries
Portfolio management
Prime ministers
Regulatory reform
Securities markets
Stock exchanges
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Summary:The 2002 snapback in Southeast Asia has brought renewed attention to markets that large foreign institutions have mostly ignored since the Asian financial crisis of 1997 - despite substantial economic, political and regulatory reforms. Can Southeast Asia sustain the gains? Or was CalPERS correct to leave until more progress is made on reform? No one is predicting straight-line improvement for the markets, but experienced Asia hands think reluctant investors are missing an opportunity.
ISSN:0020-3580