Firms vie to offer Bangladesh exposure

Bangladesh forms part of what Goldman Sachs termed the ‘next 11’ most important emerging markets after the Brics, but it faces major hurdles both for investors and those who would provide them with exposure

Still, there is a growing number of options available, from traditional active equity funds to exchange-traded products to private vehicles, as explored on a panel last week at AsianInvestor's and FinanceAsia’s Bangladesh investment summit

Given the lack of a liquid stock market comprising large-cap names, private equity might seem the most obvious channel, and Brummer & Partners Asset Management Bangladesh has taken this route

The firm has been running a $100 million fund for three years that focuses on a domestically...