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

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 these funds could continue to invest in the market in future.

One frontier market-focused portfolio manager told FinanceAsia his fund would continue to invest in the country, arguing that MSCI index...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222