HONG KONG, Oct 23 (Reuters) - Indonesia's sovereign debt may regain its investment-grade rating in three to five years as long as policies focus on supporting long-term growth, said Chia-Liang Lian, a fund manager with fixed income fund manager PIMCO, in a note on Friday.
In addition, A-rated bonds issued by quasi-sovereign South Korean entities offer value, said Chia-Liang, emerging markets portfolio manager with the fund.
PIMCO, which is owned by Germany's Allianz, had $841 billion in global assets under management as of June 2009. (Editing by Jan Dahinten)