Foreign equity fund managers in Asia are maintaining their investments focused on domestic demand-driven recoveries, during market volatility in China leading some to reduce their exposure, according to a Reuters poll. Indonesia has become increasingly popular, identified as the top investment location, while Taiwan and Malaysia remain underweighted due to their reliance on exports despite a global economic recovery. Fund managers are generally keeping cash allocations stable over the next six months, reflecting a strong appetite for risk. Recent positive earnings reports from Asia bolster confidence in the region’s market resilience. The Lipper Global Indonesia equity index has soared 97.4% year-to-date, topping performance charts. Meanwhile, interest in Indian equities is cautiously rising due to robust domestic demand, though valuation concerns persist.