ASEAN Insight Provider, CrossASEAN Research

Angus Mackintosh

In Equity Sales and Research for more than 25 years covering Asian markets. Possesses in-depth knowledge of a wide range of companies, economies, and markets in Asia. Over his career, he has specialised in HK/China and ASEAN markets at various different Investment Banks, most recently heading equities in Indonesia for Bank of America Merrill Lynch in Jakarta for more than three years. Whilst in Jakarta, he produced a well-read daily and weekly product on the Indonesian market, which included company visits, as well as political, economic and sector commentary. A former racing skier, who enjoys ultra-marathons and surfing in his spare time.

ASEAN Insight Provider

The Week That Was in ASEAN@Smartkarma - Bangkok Dusit, Grab Results, and Indonesia's Election

Bank Mandiri (BMRI IJ) - Setting the Pace in 2024

Bank Rakyat Indonesia (BBRI IJ) - Pushing the Margins of Profitability

Bank Central Asia (BBCA IJ) - Transacting for a Hybrid Society

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>Prabowo looks to have scored a resounding victory in Indonesia's Presidential election, according to quick count results, with around 58% of the vote, which is positive from a visibility perspective.</li>
<li>Initial reaction suggests continuity from Jokowi's legacy, with concerns centred around potentially nationalistic policies and increased government borrowing in the future, which may pressurise Indonesia's budgetary position. </li>
<li>We remain positive on the outlook for Indonesia, with increased government spending to fast-track Jokowi's legacy projects. Prabowo also looks set on driving higher GDP growth next year.</li>
</ul>


Prabowo looks to have scored a resounding victory in Indonesia's Presidential election, according to quick count results, with around 58% of the vote, which is positive from a visibility perspective.
Initial reaction suggests continuity from Jokowi's legacy, with concerns centred around potentially nationalistic policies and increased government borrowing in the future, which may pressurise Indonesia's budgetary position. 
We remain positive on the outlook for Indonesia, with increased government spending to fast-track Jokowi's legacy projects. Prabowo also looks set on driving higher GDP growth next year.


PT Nippon Indosari Corpindo Tbk. (ROTI) (ROTI IJ)

Indonesia's Election - When the Music's Over?