LOCAL fund managers should consider investing in Indonesian equities under the recently liberalised foreign investment rules for Malaysian unit trusts, insurance companies and fund managers, CIMB chief executive officer Datuk Nazir Razak said.
“Looking at the current numbers, there is tremendous room for growth in the Indonesian equity market. You can feel the enormous potential almost everywhere,’’ he told reporters at a conference to promote selected Indonesian stocks in Kuala Lumpur yesterday.