It is quite clear from our conversation with a significant number of portfolio money managers in the past three to four weeks that Asian and European moneys are lightening up on TIP [Thailand Indonesia and the Philippines] markets and venturing into Malaysia aggressively. |
These markets are back on their radar screens. |
While many investors spoke of 'trading' the market, we were pleasantly surprised that some also were thinking of maintaining a more permanent presence. None said they were thinking of a permanent pull out. |