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With stocks cheap, Indonesia investors ready to buy
Add BT as a preferred sourcePublished Sun, Aug 23, 2015 · 09:50 PM
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Jakarta
INDONESIA'S largest fund manager is taking the slump that's driven the nation's stocks into a bear market as the cue to start buying again.
BPJS Ketenagakerjaan, which manages around 193 trillion rupiah (S$19.6 billion), will enter the equities market along with other state-owned institutional investors, Elvyn Masassya, its president director, said in a text message on Sunday. Shares are "relatively cheap", he said, without naming any.
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