iShares MSCI Indonesia ETF (ARCA:EIDO), Trade Ideas

iShares MSCI Indonesia ETF

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GDP

India&#39;s GDP grew by 7.8% in the April - June period vs. 7.7% consensus. This is a very strong growth number and the fastest in a year.

India GDP A Strong 7.8%, China&#39;s Xi Likely To Skip Visit To G-20

BRICS.Shutterstock

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EGPT

iShares MSCI Indonesia Investable Market Index Fund

Several nations are on the radar for BRICS membership, with Argentina, Egypt, Indonesia, Saudi Arabia and Iran at the forefront.

BRICS Alliance Explores Expansion Amid Shifting World Order: Investors Eye These 5 ETFs

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INDA

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NFTY

A senior executive at global private equity company General Atlantic told Reuters that the firm plans to invest $2 billion in I

General Atlantic Intends To Invest $2B In India, Southeast Asia: Reuters

-Reuters Cited&nbsp;&nbsp;Indonesia&#39;s Communication Ministry

Tech

NVDA

Nvidia, Indosat Ooredoo Plan To Invest In AIi Centre In Indonesia's Central Java Worth To $200M

<a href="https://www.reuters.com/technology/tiktok-youtube-meta-eye-indonesia-e-commerce-licenses-sources-2023-10-26/" title="https://www.reuters.com/technology/tiktok-youtube-meta-eye-indonesia-e-commerce-licenses-sources-2023-10-26/">https://www.reuters.com/technology/tiktok-youtube-meta-eye-indonesia-e-commerce-licenses-sources-2023-10-26/</a>

GOOG

GOOGL

Reuters Reported TikTok, YouTube, Meta Eye Indonesia e-Commerce Licenses

<a href="https://www.thoughtfulmedia.com/en/">Thoughtful Media Group Inc</a>&nbsp;("Thoughtful Media" or "TMG"), the Thailand-based social commerce-focused, premium digital advertising network of&nbsp;<a href="http://thesocietypass.com/">Society Pass Incorporated</a>&nbsp;("SoPa") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPA#NASDAQ">SOPA</a>), Southeast Asia's (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces that it will commence sponsoring local live music events in SEA, resulting in creating unique marketing opportunities for advertisers.
Expected to launch its first concert in 4Q 2023 in Jakarta, Indonesia, TMG-sponsored concerts will focus on the local musicians with a tag line of "Lemburan", which translates as "over-time", aiming to create a distinctive space and time for music fans to gather and to enjoy the nostalgia of their favourite musicians. Streaming these concerts via TMG-affiliated social media channels, advertisers have the opportunity to collaborate with TMG-connected influencers in promoting these popular music events and reaching to their desired audiences.
Ilhamka Nizam, TMG Indonesia Country Head, explains, "Indonesians love music, and it comes as no surprise that TMG found an innovative way to tap into that expanding market segment. Across these live events, TMG aims to reach over 2.5 million over the course of the next year which will create significant sponsorship opportunities for advertisers and our 10,000-member influencer community here in Indonesia. We are planning to host 1 concert each month and is projected to earn $680K annually, and each year we are planning to host 1 big festival that is outside the monthly concerts we will be hosting. I am confident that over 2024, the Group will expand these initiatives across the rest of the TMG markets in Southeast Asia, significantly increasing the revenues for the Group".

SOPA

Society Pass Inc/Thoughtful Media Group Inc Ventures Into Concert Sponsoring In Indonesia; Developing A Revenue Stream And Creating Marketing Opportunities For Advertisers

<a href="https://www.bloomberg.com/news/articles/2023-09-06/tesla-unlikely-to-pursue-indonesia-plant-soon-panjaitan-says?srnd=all&amp;sref=y3YMCJ4e" title="https://www.bloomberg.com/news/articles/2023-09-06/tesla-unlikely-to-pursue-indonesia-plant-soon-panjaitan-says?srnd=all&amp;sref=y3YMCJ4e">https://www.bloomberg.com/news/articles/2023-09-06/tesla-unlikely-to-pursue-indonesia-plant-soon-panjaitan-says?srnd=all&amp;sref=y3YMCJ4e</a>

TSLA

Bloomberg Reported Earlier, Tesla Unlikely to Pursue Indonesia Plant Soon After Coordinating Minister Luhut Panjaitan Met With Elon Musk Last Month

Earthquake Of Magnitude 6.9 Strikes Bali Sea, Indonesia

Global economic order sees potential disruption as dozens of countries are eyeing membership in BRICS, a collective of Brazil, Russia, India, China and South Africa. This group, positioned as a counterbalance to Western dominance, is convening in Johannesburg this week, sparking <a href="https://www.benzinga.com/topic/brics">speculations about new entrants.</a>
<h3 class="wp-block-heading">Potential Entrants: Economic Powerhouses and Diplomatic Maneuvers</h3>
Several nations are on the radar for BRICS membership, with Argentina, Egypt, Indonesia and Saudi Arabia at the forefront, as the <a href="https://www.nytimes.com/2023/08/23/world/asia/brics-nations-new-members-expansion.html">New York Times</a> reports. Iran&#8217;s interest is also notable. 
China&#8217;s push for expansion finds favor with Xi Jinping, while India&#8217;s Narendra Modi exercises more caution due to geopolitical dynamics.
The group of the five nations currently represent 40% of the global population and over a quarter of the world&#8217;s GDP. 
<h2 class="wp-block-heading">Insights into Prominent Contenders</h2>
<h3 class="wp-block-heading">Saudi Arabia: Oil Giant&#8217;s Pivot and Growing Ties</h3>
BRICS inclusion for Saudi Arabia, a top oil producer, could reshape the group&#8217;s financial influence. Despite strong U.S. ties, recent moves like cutting oil production and restoring diplomatic relations with Iran underscore Saudi Arabia&#8217;s pursuit of strategic autonomy.
<h3 class="wp-block-heading">Argentina: Economic Struggles and BRICS Backing</h3>
Argentina, with a significant economy in Latin America, seeks backing from India, Brazil and China. Amid economic turmoil, high inflation, and debt woes, Argentina&#8217;s potential BRICS membership could offer economic revitalization.
<h3 class="wp-block-heading">Iran: Energy Reserves and Geopolitical Alliances</h3>
Iran&#8217;s vast energy resources make it a compelling contender. Applying for BRICS membership aligns with its non-Western alliances, signifying economic and political collaboration.
<h3 class="wp-block-heading">Indonesia and Egypt: Strategic Alliances and Geopolitical Shifts</h3>
China and India advocate for Indonesia&#8217;s BRICS entry. Meanwhile, Egypt&#8217;s pivot away from dollar dependence and its strengthening ties with Russia and China add intrigue to the group&#8217;s expansion.
<h2 class="wp-block-heading">BRICS&#8217; Expansion: 5 ETFs To Monitor </h2>
Here are some ETF-related instruments that investors might consider for exposure to the mentioned countries:
<ol>
<li>iShares MSCI Saudi Arabia ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSA#NYSE">KSA</a>)
<ul>
<li>This ETF tracks the MSCI Saudi Arabia IMI 25/50 Index, providing exposure to Saudi Arabian equities. </li>
</ul>
</li>
<li>Global X MSCI Argentina ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARGT#NYSE">ARGT</a>)
<ul>
<li>This ETF aims to replicate the performance of the MSCI All Argentina 25/50 Index, offering exposure to companies in Argentina. </li>
</ul>
</li>
<li>VanEck Vectors Egypt Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGPT#NYSE">EGPT</a>)
<ul>
<li>This ETF seeks to replicate the MVIS Egypt Index, providing exposure to publicly traded companies that are domiciled and primarily listed in Egypt. </li>
</ul>
</li>
<li>iShares MSCI Indonesia ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIDO#NYSE">EIDO</a>)
<ul>
<li>This ETF aims to track the performance of the MSCI Indonesia Index, offering exposure to Indonesian equities. </li>
</ul>
</li>
<li>iShares MSCI Emerging Markets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EEM#NYSE">EEM</a>)
<ul>
<li>This ETF tracks the MSCI Emerging Markets Index, providing broad exposure to emerging market equities across various countries.</li>
</ul>
</li>
</ol>
Read Now: <a href="https://www.benzinga.com/news/23/08/33957174/xi-jinpings-china-urges-brics-for-all-out-economic-war-against-g7-nations">Xi Jinping&#8217;s China Urges BRICS For All-Out Economic War Against G7 Nations</a>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Shutterstock

AMZN

ORCL

SNAP

TikTok Won't Launch Cross-Border E-commerce Services In Indonesia Amid Concerns

Eni And Chevron Signed An Agreement Tuesday To Operate The Indonesia Deepwater Development Gas Project

-Reuters
https://www.reuters.com/world/asia-pacific/indonesia-propose-limited-free-trade-deal-with-us-critical-minerals-2023-04-10/#:~:text=JAKARTA%2C%20April%2010%20(Reuters),senior%20minister%20said%20on%20Monday.

Indonesia To Propose Limited Free Trade Deal With U.S. On Critical Minerals Used In EV Supply Chain

A senior executive at global private equity company General Atlantic&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/markets/europe/exclusive-general-atlantic-plans-2-billion-investment-india-southeast-asia-2022-05-22/" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">told Reuters</a>&nbsp;that the firm plans to invest $2 billion in India and Southeast Asia over the next two years as lowering valuations make the region&#39;s startups more attractive.
What happened:&nbsp;According to Sandeep Naik, General Atlantic&#39;s head of business in India and Southeast Asia, the company is in early-stage investment talks with about 15 companies in sectors like technology, financial services, retail, and consumer.
General Atlantic is ready to ease its purse strings after investing just $190 million in Indian startups in 2021, its lowest annual figure ever, Naik said in an interview at the World Economic Forum in the Swiss ski town of Davos.
Why it&#39;s Important:&nbsp;&quot;The realism is setting in. We were waiting for the value creation to happen. We are now ready,&quot; Naik said of General Atlantic&#39;s plans for India and Southeast Asia, where it has investments of more than $4.5 billion, mainly in India.
&quot;We are very bullish on India, Indonesia, and Vietnam,&quot; Naik added, omitting to name any companies under consideration.
Given the challenging market conditions and decreasing values, General Atlantic advises its portfolio companies to consider consolidation opportunities.
&quot;Now is the best time to consolidate... Strong gets stronger,&quot; Naik explained.

<ul>
<li>Indonesian courier company&nbsp;J&amp;T Express&nbsp;is planning to raise over $1 billion from a U.S. initial public offering (IPO) as soon as the fourth quarter, at a $5 billion valuation, becoming the first Indonesian firm to list in the U.S. since 2019,&nbsp;<a class="editor-rtfLink" href="https://www.bloomberg.com/news/articles/2021-04-01/indonesia-s-j-t-express-said-to-weigh-1-billion-plus-u-s-ipo?srnd=technology-vp&amp;sref=TBDibEcD" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Bloomberg reports</a>.</li>
<li>The company is planning new funding round after raking in $300 million in the most recent funding round.</li>
<li>J&amp;T Express could challenge telecom tower operator&nbsp;PT Indosat Tbk&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/ptitf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">PTITF</a>) $1.05 billion IPO in 1994.</li>
<li>J&amp;T Express has expanded into Malaysia, Vietnam, Indonesia, Thailand, Singapore, Cambodia, and China since its 2015 inception. The courier company recently launched an air freighter in Tangerang.</li>
<li>J&amp;T Express partners include Indonesia&rsquo;s e-commerce firms PT Tokopedia and Bukalapak.com, and Singapore-based Sea Ltd owned, Shopee.</li>
<li>The pandemic induced online shopping acted as a significant demand driver for logistics and warehouses, further triggered by the 267 million Indonesian population spread over 7,000 islands.</li>
</ul>

Penny Stocks

Small Cap

IPOs

Media

PTITF

Indonesian Logistics Company J&T Express Evaluating $1B US IPO: Bloomberg

-Reuters
<a href="https://ca.reuters.com/article/us-indonesia-president-tesla-exclusive-idCAKBN27T13Q" title="https://ca.reuters.com/article/us-indonesia-president-tesla-exclusive-idCAKBN27T13Q">https://ca.reuters.com/article/us-indonesia-president-tesla-exclusive-idCAKBN27T13Q</a>

Indonesia Seeking Investment from Tesla to Set Up Factory to Produce EV Batteries

Few if any emerging markets were spared in last year&#39;s bloodbath. The 2018 decline of 15.3&nbsp;percent for the MSCI Emerging Markets Index ensnared a slew of developing economies from Asia to Latin America and beyond.
The MSCI Emerging Markets Index is up 5.23 percent to start 2019, indicating emerging markets equities are making good on the rebound potential so many market observers highlighted late last year.
<h3>What Happened</h3>
Among the markets decked by last year&#39;s emerging markets slide was Indonesia, Southeast Asia&#39;s largest economy. The MSCI Indonesia Investable Market Index in 2018 lost more than 10 percent. The iShares MSCI Indonesia ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eido#NYSE">EIDO</a>) and the VanEck Vectors Indonesia ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/idx#NYSE">IDX</a>) declined an average of 10.55 percent.
Slumping commodities prices, the stronger U.S. dollar and rising U.S. interest rates were among the factors hampering Indonesian stocks in 2018.
<h3>Why It&#39;s Important</h3>
Obviously, 2019 is still in the early innings, but Indonesian stocks are leading the emerging markets rebound. Following Wednesday, when both EIDO and IDX gained more than 1.30 percent, the two Indonesia ETFs are flirting with year-to-date gains of 10 percent.
On Wednesday, a dozen US-listed ETFs hit six-month highs. EIDO and IDX were two of those 12 funds. EIDO and IDX reside about an average of 12.50 percent below their 52-week highs.
Last year, Indonesia posted its <a href="https://uk.reuters.com/article/uk-indonesia-economy-trade/indonesia-posts-record-trade-gap-in-2018-december-exports-sink-idUKKCN1P90AZ">widest ever trade deficit</a>, which likely hampered the country&#39;s equity markets. The silver lining is imports jumped because the country&#39;s domestic economy is on sound footing.
Tighter monetary policy was also an issue. Last year, Bank Indonesia, the country&#39;s central bank, raised interest rates six times. Bank Indonesia meets today, but is widely expect to not hike rates.
<h3>What&#39;s Next</h3>
EIDO holds 76 stocks and allocates over 37 percent of its weight to the financial services sector. Consumer staples and communication services stocks combine for over 29 percent of the ETF&#39;s weight.
IDX, the older of the two Indonesia ETFs, holds 43 stocks, 31.2 percent of which are financial services names. The consumer staples and discretionary sectors combine for almost 29 percent of that ETF&#39;s weight.
Investors have added $65.45 million to EIDO to start 2019.
Related Links
<a href="https://www.benzinga.com/trading-ideas/long-ideas/19/01/12989853/dont-bark-at-this-unique-international-etf">A Different Kind Of International ETF</a>
<a href="https://www.benzinga.com/trading-ideas/long-ideas/19/01/12989687/how-to-get-a-small-cap-buffer">Try This Small-Cap ETF</a>

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Emerging Markets

A Pleasant Emerging Markets Surprise

Pacific Tsunami Warning Center Tells Benzinga Java Quake is M6.6, Very Deep and No Tsunami Warning

Indonesia&#39;s economy grew slower than expected. GDP for the third quarter grew 5.06% year over year, per Badan Pusat Statistik Indonesia. This was below expectations of 5.13%, per a Reuters poll. Indonesia&#39;s GDP grew 5.01% year over year in the second quarter of 2017. &nbsp;

	Indonesia&#39;s consumer prices increased 3.58% year over year in October compared with 3.72% in September and 0.01% on a monthly basis, per the Central Statistics Agency. The inflation is well within the central bank&#39;s target range of 3-5%.

	Economic Fundamentals

	Indonesia&#39;s central bank unexpectedly cut its benchmark interest rate twice, by 25 basis points each in August and September. It now stands at 4.25%. This was primarily possible because of the low inflation the country is experiencing (read: <a href="https://www.zacks.com/stock/news/273447/indonesia-unexpectedly-cuts-interest-rate-etfs-in-focus">Indonesia Unexpectedly Cuts Interest Rate: ETFs in Focus</a>).

	Commodity prices have been rebounding on stronger global growth cues. This has led to an increase in Indonesian exports, as it increased 17% year over year in the third quarter. However, consumer spending and credit growth continues to be subdued despite the central bank having cut its key benchmark interest rate eight times since last year. Consumer spending increased 4.93% year over year in the third quarter compared with 4.95% in the previous quarter.

	These factors introduce a possibility of the central bank easing policy further in the coming monetary policy meets.

	External Factors

	Foreign Direct Investment&nbsp;increased 12% year over year in the July-September quarter compared with 10.6% in the second quarter. Indonesia&#39;s economy is projected to grow 5.4% in 2018. However, finance minister Sri Mulyani Indrawati said that a pickup in investments might help GDP to grow at a faster pace.

	The Federal Reserve left its benchmark interest rate steady in the October meeting, but the markets widely expect the Fed to hike rates in December. Per the <a href="http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html">CME Fed watch</a> tool, there is a 96.7% chance of a rate hike by 25 basis points.

	Although a rate hike generally reduces the appeal of emerging market investments, the impact of these events on the Indonesian markets is still difficult to predict. This is primarily because markets are scaling record highs and showing lesser correlation to events that are generally a game changer for emerging markets.

	In the current scenario, let us discuss a few ETFs focused on providing exposure to Indonesian equities (see <a href="https://www.zacks.com/etf/etf_category_details.php?cat=Broad-Emerging-Market-ETFs&amp;i=56">all Broad Emerging Market ETFs here</a>). &nbsp;

	iShares MSCI Indonesia ETF EIDO

	This fund is appropriate for investors looking to gain exposure to companies based in Indonesia. Thus, it offers a pure play on Indonesia.

	It has AUM of $483.7 million and charges a fee of 63 basis points a year. From a sector look, Financials, Consumer Discretionary and Telecommunication Services are the top three allocations of the fund, with 34.3%, 13.6% and 13.1% exposure, respectively (as of Nov 3, 2017). From an individual holdings perspective, Bank Central Asia, Telekomunikasi Indonesia and Bank Rakyat Indonesia (Persero) are the top three holdings of the fund, with 11.4%, 11.4% and 9.8% allocation, respectively (as of Nov 3, 2017). The fund has returned 13.1% year to date and 7.2% in a year (as of Nov 6, 2017). EIDO has a Zacks ETF Rank #3 (Hold) with a High risk outlook.

	VanEck Vectors Indonesia Index ETF IDX

	This fund seeks to provide a bet on Indonesia by investing in companies based out of the nation or the ones who have a great deal of business interest there.

	It has AUM of $65.6 million and charges a fee of 58 basis points a year. From a sector look, Financials, Consumer Staples and Consumer Discretionary, are the top three allocations of the fund, with 30.2%, 16.4% and 13.2% exposure, respectively (as of Sep 30, 2017). From an individual holdings perspective, Bank Central Asia, Astra International and Bank Rakyat Indonesia (Persero) are the top three holdings of the fund, with 8.6%, 7.0% and 6.9% allocation, respectively (as of Nov 6, 2017). The fund has returned 14.5% year to date and 7.1% in a year (as of Nov 6, 2017). IDX has a Zacks Rank #3 with a High risk outlook.

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Indonesia's GDP Growth Misses Expectations: ETFs In Focus

A few days ago, <a href="http://www.benzinga.com/topic/don-steinbrugge">Agecroft Partners</a> founder and CEO Don Steinbrugge wrote an <a href="https://www.benzinga.com/markets/emerging-markets/17/06/9636391/why-theres-a-big-opportunity-in-asia-focused-hedge-funds">article</a> titled &ldquo;Why There&#39;s A Big Opportunity In Asia-Focused Hedge Funds.&rdquo;
Asia-based, Asia-focused hedge funds offer <a href="https://www.benzinga.com/markets/emerging-markets/17/06/9636391/why-theres-a-big-opportunity-in-asia-focused-hedge-funds">great opportunities for investors nowadays</a>; Steinbrugge told Benzinga in a follow-up interview. However, he suggested that we &ldquo;dive a little bit deeper and examine some of the inefficiencies in the market&rdquo; because, at the end of the day, the skill of a money manager rests on beating an index, beating the market, not on beating other funds.
<h3>What Hedge Funds Do Best</h3>
Only a <a href="https://www.benzinga.com/personal-finance/financial-advisors/17/02/9000294/expert-why-smaller-hedge-funds-will-continue-to-ou">handful of long/short equity managers</a> in the U.S. have managed to consistently beat the S&amp;P 500 (NYSE: <a class="ticker" href="/stock/spy#NYSE">SPY</a>) in recent years. On the other hand, many Asia-based long/short equity managers focusing on regional indexes like the iShares MSCI Pacific ex-Japan Idx (ETF) (NYSE: <a class="ticker" href="/stock/epp#NYSE">EPP</a>) have managed to beat their benchmarks by very large margins. Similar has been the case with China-focused funds, which have beat their market by roughly 10 percent per annum in recent years.
But, which factors are helping these Asia-based managers deliver such strong performances?
First and foremost is the volatility of the markets in Asia, Steinbrugge explained. One of the things that has hurt U.S. managers is the extremely low volatility, reflected by the iPath S&amp;P 500 VIX Short Term Futures TM ETN (NYSE: <a class="ticker" href="/stock/vxx#NYSE">VXX</a>) and the underlying VIX Index&rsquo;s current levels, close to all-time lows. &ldquo;If you don&rsquo;t have a lot of volatility, you don&rsquo;t have a lot of relative price movements between securities,&rdquo; he said. The basic premise investors rely upon is to go long on stocks they think will do well and subsequently sell short those they anticipate to perform poorly. Following that line of thinking, in the absence of volatility, investors will be forced to wait very long times before those securities reach their sell or buy targets, he said. &ldquo;In Asia, there is significant volatility. So, if you find a security you like a lot, it potentially will reach its target price much quicker and you can have higher turnover in your portfolio.&rdquo;
The second thing that is very different about Asia when compared to the U.S. marketplace is that the former is dominated by retail investors, who are not as sophisticated as hedge funds &mdash; which dominate a very small portion of the market. &ldquo;As a result of that, doing fundamental research on these companies, hedge funds can get an information edge over retail investors,&rdquo; the expert told Benzinga, pointing out that getting such an advantage in the U.S. is extremely difficult.
Another element impacting the performance of Asia-focused hedge funds is the &ldquo;greater rotation of industry leadership,&rdquo; Steinbrugge continued. Taking China as an example: Until quite recently, its economy was dominated by &ldquo;old economy industries&rdquo; like steel; however, massive investments have helped these companies pivot to more current industries like tech and services. &ldquo;When you large rotation of the industries like that, you are going to have winners and losers. For a long/short equity manager, it makes it easier to add value because you can find very good companies to buy, and you can also find very good companies to sell short that are going to get hurt during this rotation.&rdquo;
<h3>	Where In Asia</h3>
Before moving on, it&rsquo;s important to clarify what the hedge fund industry calls Asia. Perhaps counter-intuitively, "Asia" excludes the Middle East but includes Australia, as well as Southeast Asian countries, India, China, Japan, Korea and Hong Kong.
Another way to outperform U.S. benchmarks by investing in this region is to realize what works in certain countries, Steinbrugge said. Is it a new type of grocery store? Is it a new type of restaurant? Is it some type of local product that can be replicated in a different market with a different company?
&ldquo;Looking at what has worked really well in one country and trying to identify a company in another country that is replicating the same idea is a way to outperform the market. Also looking at companies in the same industry in different markets and comparing their relative strengths.&rdquo;
<h3>The Macro Factor And Valuations</h3>
Finally, there&rsquo;s a macroeconomic factor: Asia already produces 36 percent of the world&rsquo;s GDP, and the IMF is forecasting approximately two-thirds of global growth over the next five years will come from that region. Nonetheless, only 4&ndash;5.5 percent of the $3 trillion in global hedge fund assets are allocated to these countries, Steinbrugge said.
Juxtaposing this to the fact that securities in Asia are valued at a significant discount to U.S.-traded stocks, it becomes clear that these markets offer larger opportunities to add value to funds&rsquo; portfolios.
<h3>Embracing Emerging Managers</h3>
Most of the Asia-focused hedge funds outperforming U.S. markets are based off Asian countries. &ldquo;It is always better to be closer to where the investment opportunities are,&rdquo; Steinbrugge explained. &ldquo;It used to be that people were biased against Asia based managers because they weren&rsquo;t viewed as having the same institutional quality. But today, these hedge funds have very large research teams; a lot of them are either Western-educated or the people running the firm have spun out of either large hedge funds or large investment banks and have very accomplished biographies.&rdquo;
While restraining from naming any specific Asia-focused funds, Steinbrugge emphasized the vast number of options. In fact, just between Singapore and Hong Kong, there are more than 55 organizations that manage over $1 billion in assets.
<h3>The Risks</h3>
Last but not least, Steinbrugge highlighted the risks of investing in Asia-focused hedge funds.
&ldquo;I think it&rsquo;s important that investors have a diversified portfolio, and if they are going to allocate to Asia, they should limit what percentage they invest in Asia. If they are investing in a <a href="https://www.benzinga.com/personal-finance/financial-advisors/17/01/8906368/hedge-fund-expert-don-steinbrugge-on-money-flows-a">mutual fund or a hedge fund</a>, over time it should experience higher volatility than investing in U.S. equities,&rdquo; he explained. &ldquo;But it also has the potential to generate higher returns long term than U.S. equities, so you have to take a long-term horizon when you allocate to Asia. I mean, if two-thirds of the world's growth is coming from Asia, it probably makes sense to have some part of your portfolio allocated to Asia.&rdquo;
Other Asia-focused ETFs outperforming the S&amp;P 500 this year include:
<ul>
<li>
		Vanguard FTSE Pacific ETF (NYSE: <a class="ticker" href="/stock/vpl#NYSE">VPL</a>)</li>
<li>
		iShares MSCI South Korea Index Fund(ETF) (NYSE: <a class="ticker" href="/stock/ewy#NYSE">EWY</a>)</li>
<li>
		iShares MSCI Cntry Asa Jpn Idx Fnd ETF (NASDAQ: <a class="ticker" href="/stock/aaxj#NASDAQ">AAXJ</a>)</li>
<li>
		iShares MSCI Taiwan Index (ETF) (NYSE: <a class="ticker" href="/stock/ewt#NYSE">EWT</a>)</li>
<li>
		iShares MSCI Philippines Investable (NYSE: <a class="ticker" href="/stock/ephe#NYSE">EPHE</a>)</li>
<li>
		iShares MSCI Indons Invstbl Mrkt Indx Fd (NYSE: <a class="ticker" href="/stock/eido#NYSE">EIDO</a>)</li>
<li>
		Market Vectors Vietnam ETF. (NYSE: <a class="ticker" href="/stock/vnm#NYSE">VNM</a>)</li>
</ul>
More From Benzinga:
<a href="https://www.benzinga.com/personal-finance/financial-advisors/17/03/9134918/don-steinbrugge-explains-reinsurance-a-strategy-th">Don Steinbrugge Explains Reinsurance: A Strategy That Helps Hedge Funds Remain Safe From Market Volatility</a>
<a href="https://www.benzinga.com/personal-finance/financial-advisors/17/04/9313278/how-people-choose-hedge-funds-the-importance-of-br">How People Choose Hedge Funds: The Importance Of Branding</a>
Image Credit: <a href="https://www.instagram.com/javierhasse/">Javier Hasse</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Financial Advisors

Hedge Funds

Exclusives

Personal Finance

Interview

General

iShares MSCI Alluntry Asia ex Japan Index Fund

AAXJ

ISHARES MSCI PHILIPPINES INVESTABLE MARKET INDEX FUND

EPHE

Barclays Bank iPath S&P 500 VIX Short-Term Futures ETN

Hedge Fund Expert Explains Why Asia-Focused Firms Are Outperforming Market Benchmarks

Among emerging markets single-country exchange traded funds, the iShares MSCI Indonesia ETF (NYSE: <a class="ticker" href="/stock/eido#NYSE">EIDO</a>) and the VanEck Vectors Indonesia ETF (NYSE: <a class="ticker" href="/stock/idx#NYSE">IDX</a>) can get lost in the shuffle, but Indonesian equities are solid performers this year.
<h3>Taking A Trip To Indonesia</h3>
EIDO and IDX, the older of the two Indonesia ETFs, are up an average of 8.5 percent year-to-date, though that lags the almost 13 percent returned by the MSCI Emerging Markets Index. Although it is <a href="https://www.benzinga.com/trading-ideas/long-ideas/16/09/8484675/an-important-sector-firms-for-indonesia-etfs">Southeast Asia&#39;s largest economy</a>, Indonesia is merely the ninth-largest geographic weight in the MSCI Emerging Markets Index at 2.5 percent.
Some international investors see reasons to embrace Indonesian financial markets, but acknowledge the potential for political volatility.
&ldquo;Over 70 percent of attendees surveyed on 23 March said that now is the time to increase exposure to Indonesia, up from around 50 percent last year,&rdquo; said <a href="https://www.fitchratings.com/site/pr/1021542">Fitch Ratings</a> in a recent note. &ldquo;They were particularly optimistic about infrastructure investment. Almost 90 percent of our attendees expected capital spending to increase significantly in 2017 and 2018, while construction was the sector expected to benefit the most from government policies. The recent increase in debt issuance by state-owned enterprises to finance infrastructure projects supports these views.&rdquo;
The ratings agency polled attendees at a recent credit briefing in Jakarta.
<h3>A Country Beyond Coal</h3>
While Indonesia is widely known as a major coal producer, it is often overlooked that the country reentered the Organization of Petroleum Exporting Countries this year, levering Indonesian stocks to rebounding oil prices.
Thanks to efforts by the government there and an accommodating central bank, Indonesia, Southeast Asia&#39;s largest economy, is regaining the confidence of global investors.
While Indonesia is a major commodities producer, the aforementioned ETFs are not heavy on commodities sectors. In the case of EIDO, that ETF devotes just 10 percent of its weight to energy and materials stocks. Those sectors combine for just over 13 percent of IDX&#39;s weight. Overall, IDX holds 42 stocks and EIDO holds 85.
Both ETFs are heavily allocated to financial services stocks, a familiar trait among single-country emerging markets ETFs. EIDO&#39;s weight to that sector is almost 37 percent, well ahead of the 27 percent allocation to that sector found in IDX.
<h3>The Bottom Line</h3>
&ldquo;Indonesia&#39;s difficult business environment has gradually improved since a strong reform drive was launched by Jokowi&#39;s government in September 2015,&rdquo; said Fitch. &ldquo;The reforms should support investment and medium term growth, and were a key factor in our decision to put the sovereign rating on Positive Outlook in December. Political developments that stall reforms or increase obstacles to their implementation could undermine this positive momentum.&rdquo;
Related Links:
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<a href="https://www.benzinga.com/trading-ideas/long-ideas/17/04/9269048/year-of-the-stock-picker-think-again">Year Of The Stock Picker? Think Again</a>

Interest In Indonesia ETFs

The Market Vectors Indonesia Index Etf (NYSE: <a class="ticker" href="/stock/idx#NYSE">IDX</a>) and the iShares MSCI Indons Invstbl Mrkt Indx Fd (NYSE: <a class="ticker" href="/stock/eido#NYSE">EIDO</a>) are each up just over 28 percent year-to-date. That easily outpaces the 18.5 percent returned by the MSCI Emerging Markets Index.
Indonesia ETFs&#39; resurgence is market by some of the same themes that are lifting other ETFs tracking developing economies, namely rebounding commodities prices and currencies. While Indonesia is widely known as a major coal producer, it is often overlooked that the country reentered the Organization of Petroleum Exporting Countries (OPEC) this year, levering Indonesian stocks to rebounding oil prices.
Thanks to efforts by the government there and an accommodating central bank, Indonesia, Southeast Asia&#39;s largest economy, is regaining the confidence of global investors.
<h3>Financial Allocations</h3>
Like many single-country emerging markets ETFs, particularly those tracking Asian economies, EIDO and IDX are heavily allocated to financial services companies. In the case of the Indonesia ETFs, that is a positive at the moment because the country is home to some sturdy banks.
<bzrelatedlink>Related Link: <a href="http://www.benzinga.com/trading-ideas/long-ideas/16/09/8480250/vaneck-bolsters-muni-etf-lineup-with-2-additions">VanEck Bolsters Muni ETF Lineup With 2 Additions</a></bzrelatedlink>
&ldquo;Fitch Ratings believes the credit profiles of the nine Indonesian banks rated by Fitch on the international scale are sufficiently resilient to withstand weaker commodity prices; pressure on the rupiah; higher NPLs; and a challenging operating environment; supported by their strong profitability and capitalisation. However, pressure would be greater on medium-sized banks with larger mining and foreign-currency loan exposure, but their buffers remain generally adequate, and most can count on backing from highly rated foreign parents,&rdquo; <a href="https://www.fitchratings.com/site/pr/1011958">said the ratings agency in a recent note</a>.&nbsp;
	IDX, the older of the two Indonesia ETFs, allocates 27.2 percent of its weight to bank stocks, or 950 basis points more than its weight to consumer staples, its second-largest sector weight. EIDO is even more dependent on banks as that group accounts for nearly 37 percent of that ETF&#39;s weight, or about 2,000 basis points more than the fund devotes to consumer discretionary names.
Indonesian banks also have robust capital buffers, in some cases even more than their larger international counterparts.
&ldquo;Capital-impairment risk is therefore likely to be low for most major Indonesian banks in a stress environment. The large lenders could also rely on their high core capital buffers in the event of outsized asset-quality shocks; their average Tier 1 was 17.5 percent at end-June 2016, and the Tier 1 capital in this ratio is made up entirely of common equity. Many major foreign-owned banks tend to have lower core capital buffers than that, but Fitch believes they are likely to benefit from extraordinary support from their highly rated parent banks,&rdquo; added Fitch.
<a href="https://pro.benzinga.com/?utm_source=Benzinga&amp;utm_medium=Benzinga%20Top%20of%20Article&amp;am%22%3">Full ratings data available on Benzinga Pro.</a>
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Commodities

An Important Sector Firms For Indonesia ETFs

It was about 10:30 p.m. Friday in Istanbul when I was having dinner with a couple of friends in a beautiful restaurant in the Sultan Ahmed area, just a few blocks away from the Blue Mosque. We decided not to stay in Taksim (the more hip area) this time, seeking a different experience than the one we had had a couple of weeks earlier during our first time in the city.

	A delicious plate of fish, an amazing salad and an ice-cold beer had us praising our luck. We had already finished eating and were chatting with a local friend, making plans for the night.

	&quot;I&#39;ve heard something is happening in Turkey now. I&#39;m not sure if it&#39;s true. Is there anything unusual around you?&quot; she asked.

	&quot;What do you mean?&quot; I replied.

	&ldquo;Like soldiers and stuff&hellip; Some people are saying there is a military coup here now. And I feel like it&#39;s better not to go out tonight. I&#39;ll stay in watching the news instead, see if they say something&hellip; It&#39;s not certain yet. But it&#39;s interesting, for sure.&quot;

	A few minutes later, she added, &quot;A friend told me there are also jet planes flying in Ankara, where the government is located.&quot;

	Still, nothing on TV.

	&quot;There are many news on social media, but they seem like fake ones,&quot; my friend continued.

	<bzrelatedlink>Related Link: <a href="http://www.benzinga.com/news/16/07/8228214/failed-turkish-coup-consequences-heightened-western-tensions-increased-authoritar">Failed Turkish Coup Consequences: Heightened Western Tensions, Increased Authoritarianism And &#39;Fleeing&#39; Foreign Capital</a></bzrelatedlink>

	Suddenly, the restaurant owner turned on the television. Everyone gathered around it.

	The news was in Turkish, so we couldn&#39;t understand much. One waiter was kind enough to translate:

	&quot;The military is now in control of the government&hellip; That&#39;s what the title says.&quot;

	He was calm, as if it wasn&#39;t a big deal.

	&quot;I&#39;m from Benin, in West Africa. So this is normal for us&hellip; Just stay strong&hellip; And go home now.&quot;

	Back at our hotel, we turned on the TV and started casting EuroNews, Al Jazeera, Bloomberg and CNN on our mobile phones. Turkish TV news channels weren&#39;t informing much, or just said the military had seized power and that a curfew was in effect. By that time, helicopters and fighter jets could be heard overflying the city regularly.

	We decided to go up to the hotel&#39;s terrace to get a better idea of what was going on. The jets were flying and the sound was quite imposing.

	<iframe allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/8IScytw_H9I" width="420"></iframe>

	The video above features some fighter jets flying over us, and my friend, Pablo Erbar, describing what is going on.

	Constantly tuned into international news channels, the situation became clearer. The military wasn&#39;t in control of the government, but rather trying to do so. However, information was scarce, since most local TV stations were either taken or surrounded by rebels.

	The streets were deserted. The only noise that could be heard was that of the airplanes and helicopters, some chants from the mosques, and occasional gunshots.

	<iframe allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/rjQtDagudUY" width="560"></iframe>

	In this second video, you can hear the chants from the Blue Mosque, asking for peace.

	Suddenly, it all started to unravel. President Tayyip Erdoğan, who the media said was being held captive by rebels, appeared on TV via Facetime, and called the Turks to go out to the streets to protest and resist the coup attempt. He assured he was well and still in power, adding that there was no such thing as a curfew. This was another one of the rebels&#39; tactics to operate freely: controlling the media and having people locked up in their homes.

	Almost simultaneously, the first images started to circulate. There were tanks on the major bridges of the city, and blocking the entrance to Istanbul Atat&uuml;rk Airport. Pictures and smartphone videos also showed several soldiers and tanks in the Taksim Square, considered the most central point in the city, just two blocks away from where we were supposed to be staying and dining that night.

	And then&hellip; pandemonium.

	Over the hours that followed, the media bombarded us with images of people taking to the streets to resist the rebels, of soldiers shooting at crowds, of police standing up for democracy, of the Parliament bombarded and on fire, of knocked down helicopters that the rebels had stolen.

	Still, confusion was the unifying thread. Both Erdoğan and the rebels assured they were in control.

	Who was really running the country? Could we go out to the streets? Where was President Erdoğan? And what would happen to us?

	We watched the news non-stop until about 5:30 a.m., when we decided to go to sleep. By 9 a.m., when we woke up, chaos had stopped. The news said the coup had failed, and the arrests and body count started to surge. Fifty, 100, 150, 200 deceased; 500, 1000, 1500, 2000, 3000 rebels arrested.

	The street remained deserted. Turkish TV channels were now showing videos of how the crowd stood up to the rebels, how the police made them surrender, how people kicked them while on the floor. Policemen were now heroes. But people were still worried.

	At night, Erdoğan gave a speech, and the people went mad. A renewed sense of freedom and appreciation for democracy could be felt. Every building and car, every man and child had a Turkish flag. And every policeman was suddenly far more appreciated.

	On that day, the people forgot about partisanship, about their trouble with Erdoğan&rsquo;s policy, about the societal rift.

	They were all Turks.

Psychology

Events

Opinion

AAPL

RGRO

iShares MSCI Turkey Investable Market Index Fund

Confusion, Fear, Relief: My Emotional Night In Istanbul During The Turkey Coup Attempt

The MSCI Emerging Markets Index, one of the most widely followed gauges of developing world equities, is up 6.1 percent year to date. However, investors in some single-country emerging markets exchange traded funds are trouncing broader benchmarks with Indonesia being a prime example of that theme.
<h3>Let's Look To Indonesia</h3>
The Market Vectors Indonesia Index Etf (NYSE: <a class="ticker" href="/stock/idx#NYSE">IDX</a>), the older of the two Indonesia ETFs, and the iShares MSCI Indons Invstbl Mrkt Indx Fd (NYSE: <a class="ticker" href="/stock/eido#NYSE">EIDO</a>) are up an average of 14 percent this year. Indonesia ETFs&#39; resurgence is market by some of the same themes that are lifting other ETFs tracking developing economies, namely rebounding commodities prices and currencies. While Indonesia is widely known as a major coal producer, it is often overlooked that the country reentered the Organization of Petroleum Exporting Countries (OPEC) this year, levering Indonesian stocks to rebounding oil prices.
Thanks to efforts by the government there and an accommodating central bank, Indonesia, Southeast Asia&#39;s largest economy, is regaining the confidence of global investors.
<bzrelatedlink>Related Link: <a href="http://www.benzinga.com/news/16/03/6762510/blackberry-is-winning-in-indonesia">BlackBerry Is Winning In Indonesia</a></bzrelatedlink>
&ldquo;Of the more than 100 attendees Fitch surveyed on 16 March, over 60 percent felt that the economic cycle had shifted from trough to recovery. When asked about positioning, over half felt that it was the right time to increase investments in Indonesia, versus just over 40 percent who responded they would stay neutral and only 3 percent who advocated a decrease. Confidence that capital spending and infrastructure investment would increase was also high among participants &ndash; a combined 85 percent responded that they were either very or somewhat optimistic that infrastructure spending would significantly accelerate in 2016&ndash;2017,&rdquo; said Fitch Ratings <a href="https://www.fitchratings.com/site/fitch-home/pressrelease?id=1001849">in a recent note</a>.
<h3>IDX And EIDO Reflect Renewed Investor Confidence</h3>
Some of that renewed confidence is being reflected in IDX and EIDO. During the first quarter, investors added nearly $17 million in new assets to the Market Vectors Indonesia and more than $210 million to EIDO. Those are impressive totals with EIDO&#39;s first-quarter asset-gathering acumen particularly notable because the ETF has $520.6 million in assets under management.
Concerns have previously been raised about <a href="http://www.benzinga.com/trading-ideas/long-ideas/16/01/6153983/another-murky-year-could-await-indonesia-etfs">the strength of Indonesian banks</a>, which is an issue to consider with the aforementioned ETFs because IDX and EIDO sport weights to the financial services sector of 34 percent and 37 percent, respectively.
&ldquo;Fitch maintains negative sector outlooks on Indonesian banks. Declining profitability, rising credit costs and growing NPLs contribute to the negative banking sector outlook. This was reflected in the participant survey with almost 60 percent saying that they were &quot;very concerned&quot; about asset quality. Fitch expects the trends in profitability and NPLs for Indonesian banks to continue this year, though the pace of deterioration is likely to slow,&rdquo; said Fitch.
The good news is that the ratings agency sees robust profitability for Indonesian banks and expects the economy there to grow 5.1 percent this year followed by growth of 5.4 percent in 2017.
Image Credit: <a href="https://pixabay.com/en/mall-of-indonesia-moi-shopping-mall-950613/">Public Domain</a>

Risks and Rewards With Indonesia ETFs

Both the RBI and RBA meet next week to decide on policy, and both are expected to pause. China Caixin PMI will also be released alongside Indonesia's GDP and regional inflation numbers.

Asia Week Ahead: RBA And RBI Decide On Policy While Regional Players Report Inflation

Redefining Risk - Geopolitical Insights For 2024

EM Country And Company Growth Stories

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Emerging markets stocks have been largely underperforming the U.S., making it difficult for investors who want to diversify their exposure. However, China&rsquo;s economic pain may be creating a silver-lining opportunity for investors in India and Indonesia.



The Chinese government currently faces a nasty set of circumstances with its crumbling stock market and imploding real estate sector. To stabilize the situation, the government has prioritized saving the stock market over broader economic recovery.



This has led to a series of restrictions and bans <a href="https://finance.yahoo.com/news/china-tightening-screws-short-selling-024320926.html#:~:text=Business%20Insider-,China%20is%20tightening%20the%20screws%20on%20short%20selling,up%20its%20ailing%20stock%20market&amp;text=Policymakers%20in%20China%20are%20cracking,%2Dup%20periods%2C%20per%20Bloomberg.">on stock selling and shorting</a>, implemented in a bid to rescue plunging equities. While these measures may offer temporary relief, they fail to address the underlying problems plaguing the nation&rsquo;s economy.



The bigger issue is the People&rsquo;s Bank of China (PBoC), which has taken only minor steps to stimulate the economy, such as cutting reserve and loan rates. These measures have had limited impact. A significant challenge for the Chinese government is issuing new stimulus cash and liquidity without negatively impacting the yuan or increasing the already unmanageable debt load.



That makes investing in China a big gamble. Yes, investing in Chinese stocks can pay off, but that may be more of a trade than an investment.



<h2>Emerging Markets Stocks: Invest in India, Indonesia </h2>



Luckily for investors, it seems there is a silver lining for India and Indonesia. Both countries are poised for 5%-6% annualized economic growth over the next few years, buoyed by significant investments. This growth trajectory provides a stark contrast to the economic turmoil in China. Granted these markets are not &ldquo;cheap&rdquo; per say, but they do at least have fundamentals behind them.



One of the critical factors that could contribute to the continued success of India and Indonesia is the potential for inflation to come under control, allowing their central banks to begin normalizing monetary policy. This normalization could create a more favorable environment for economic growth, making these countries attractive destinations for businesses and investments. Two ways to play this? Consider funds like the iShares MSCI India ETF (BATS:<a href="https://investorplace.com/stock-quotes/inda-stock-quote/">INDA</a>) and the iShares MSCI Indonesia ETF (NYSEARCA:<a href="https://investorplace.com/stock-quotes/eido-stock-quote/">EIDO</a>).



India&rsquo;s markets have fared far better, but I suspect there&rsquo;s a good long-term case for Indonesia to gain momentum in the years ahead because of China. Why? Because as China struggles to maintain its position as the world&rsquo;s leading goods provider, there is a possibility for India and Indonesia to capture market share. The challenges faced by China could inadvertently benefit these neighboring countries as businesses look for alternative locations for their operations and investments. The shift could significantly boost the economies of India and Indonesia, positioning them as emerging powerhouses in the global market.



Bottom line? Not all emerging markets are created equal. Yes, China&rsquo;s markets look like they could rebound, but there are bigger shifts happening.



This means if you&rsquo;re bullish on investing outside the U.S., India and Indonesia could be better relative plays. The potential for these countries to attract businesses and investments away from China is real&hellip; &nbsp;and very early.



On the date of publication, Michael Gayed did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://protect-us.mimecast.com/s/YUYqC31vVVI7KAkriDfKi6?domain=investorplace.com/">Publishing Guidelines</a>.
<div>The Lead-Lag Report is provided by Lead-Lag Publishing, LLC. All opinions and views mentioned in this report constitute our judgments as of the date of writing and are subject to change at any time. Information within this material is not intended to be used as a primary basis for investment decisions and should also not be construed as advice meeting the particular investment needs of any individual investor. Trading signals produced by the Lead-Lag Report are independent of other services provided by Lead-Lag Publishing, LLC or its affiliates, and positioning of accounts under their management may differ. Please remember that investing involves risk, including loss of principal, and past performance may not be indicative of future results. Lead-Lag Publishing, LLC, its members, officers, directors and employees expressly disclaim all liability in respect to actions taken based on any or all of the information on this writing.

Michael A. Gayed is the Publisher of <a href="https://leadlagreport.substack.com/subscribe?coupon=195a5dad">The Lead-Lag Report</a>, and Portfolio Manager at Tidal Financial Group, an investment management company specializing in ETF-focused research, investment strategies and services designed for financial advisors, RIAs, family offices and investment managers.

InvestorPlace readers that are new subscribers to the <a href="https://leadlagreport.substack.com/subscribe?coupon=195a5dad">The Lead-Lag Report</a> can receive a 30% discount.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/2024/02/the-best-emerging-markets-stocks-are-in-india-and-indonesia-right-now/">The Best Emerging Markets Stocks Are in India and Indonesia Right Now</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

The Best Emerging Markets Stocks Are in India and Indonesia Right Now

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Next week features decisions from central banks across the region plus the minutes from the latest RBA meeting.

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EM Central Banks: More Easing In The Cards?

Next week features several economies across the region reporting inflation and trade numbers.