Foreign fund managers are cautious on Indonesia

Article Abstract:

Indonesian president Megawati Sukarnoputri has her work cut out for her in strengthening the country's economy. Problems such as stalled foreign payments, large budget deficit, and billions in assets under the Indonesian Bank Restructuring Agency need attention. With Indonesia's foreign debt at US$140 billion, and domestic debt at US$40 billion, foreign investors are prepared to wait on any Indonesian investments until the economy begins to strengthen again.

Government regulation, Administration of General Economic Programs, Indonesia, Economic Planning & Research, Foreign investments, Economic policy, Economic conditions, Megawati Sukarnoputri

---

New product for Citigroup

Article Abstract:

Citigroup Asset Management is now offering unit investment trusts (UITs) in Hong Kong. A unit investment trust holds a set portfolio of stocks for a set period. This is the first time UITs have been available in Asia outside of Japan.

Product introduction, Unit Trusts (Oil, etc), Trusts, Investment companies, Unit investment trusts, Citigroup Inc. (New York, New York), C

---

Gyaranteed funds' shine is fading as turnaround nears

Article Abstract:

Hong Kong investors continue to invest in guaranteed funds despite predictions of a turnaround in the economy. Cautious investors find these funds attractive despite the high fees which accompany them.

Market information - general, Investors, not elsewhere classified, Legislative Bodies, Investors NEC, Finance

Similar abstracts:

• Abstracts: Brown and pleasant land. How consultation benefited a Deptford community. A change of programme for Granada
• Abstracts: Swooping in: how discount airlines profited from their bigger rivals' woes. Decelerating business travel sends Continental's earnings into tailspin
• Abstracts: Deutsche Bank outperforms expectations. Commerzbank is at a loss in quest for improved results. Deutsche Bank's net edges up
• Abstracts: Olivetti, Mannesmann are mum on suit. Seat board extends its offer for Eniro to at least June 27. Cecchi Gori to buy rights to MTV in Italy via Beta
• Abstracts: Nomura's shares decline, but analysts advise caution. Hong Kong's GEM modifies its guidelines. Salomon taps Leung for top China post

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.