Frontiersman: Pakistan’s ship has sailed

With Pakistan riding a wave towards emerging-market status, it may be time for frontier investors to jump ship

Frontiersman: Pakistan’s ship has sailed

When index creator MSCI announced in June that it was promoting Pakistan from a frontier market to a fully-fledged emerging market, it created something of a quandary for specialist frontier investors. 

The move proved those investors had been right to invest so heavily in the country over the years. It also created a jolt that sent Pakistan’s stock market 5% higher in a matter of days. But it raised obvious questions about whether...

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