Has Indonesia got further to run?

ASIA

Indonesia has been the darling of the Asian investment community for the last few years.

This has continued throughout the latest spell of market turbulence, with the market falling only 4% in sterling terms over the last 12 months, compared to declines of 10%, 11%, 15% and 25% respectively for leading Asian markets China, Korea, Taiwan and India.  Sterling investors in the index have made four times their money since the lows of 2008. Can this continue, or should investors cash in their chips and look elsewhere?  The country’s popularity is based on the resilience of its economy in recent years. The economy has boomed throughout the financial crisis, growing at 6% in 200...