RI has biggest potential

RI has biggest potential

SINGAPORE (Bloomberg): Indonesia has the potential for the greatest return on investments, but also carry the greatest risk, among all Asian markets, said Mark Mobius, managing director of Templeton Asset Management Ltd., the Business Times reported on Saturday.

Templeton has invested all its funds, compared to holding a large cash position at the end of August, as it sees good value in most Asian markets.

Mobius also expects a gradual devaluation of the Chinese yuan as opposed to a sudden fall in the currency, the newspaper reported.

The benchmark Jakarta Composite Index has dropped 26 percent over the past 12 months.