Hi Dora, wondering what are your thoughts on investing in the India and the Indonesian market?

If you’re referring to equities, India is cyclical and rather expensive at this point in time, Indonesia has gone through a tough year therefore looking relatively cheaper. If referring to bonds, both definitely have very attractive yields relative to other global markets.

Going into single country funds may be high-risk, especially in the Emerging Markets, as these markets tend to be volatile and exposed to more macro factors than just the economic or company-based ones.

Perhaps moving into a broader-based portfolio like Asia or Emerging Markets portfolios would provide better diversification and better returns-to-risk profile. If managed well, these would typically capture the “good” cycles of each singular market and avoid the bad ones.