Global Funds Hit Pause on Indonesia After Prabowo Policy Changes

This article was written specifically for Bloomberg and can be found on their website here.

Indonesian President Prabowo Subianto’s attempt to engineer an economic renaissance is run hard truth: Investors aren’t buying the vision he’s selling. Some of the world’s biggest money managers are reluctant to rush back into the country’s asse sweeping changes under Prabowo’s administration sent stocks tumbling by the most since 201 Investors from Melbourne to London say there are pockets of value but little incentive to load interviews with 12 buyside firms.


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