Why CLSA's Slone see opportunity in emerging markets crunch

Pushing out its Asian footprint and looking at new debt products, CLSA is chasing new opportunities along the Belt and Road and in India.

Frontier markets have been among the worst hit amid the coronavirus equities sell-off, but one veteran fund manager believes they have rarely offered better value.

The replacement comes as Citic Securities curtails the broker's independence and amid a slew of other senior promotions including Andrew Hartley, Shaun Cochran and Andrew Norman.

The CLSA chairman will be replaced by CEO Jonathan Slone, who will also retain his current position.

Rob Morrison talks about the current crisis and the likelihood of new regulations separating deposit-taking and risk-taking.

Karachi-based Dawaai, the on-line pharmaceuticals startup in Pakistan closed its series A funding at the end of March. It is on the way to turning a profit by the end of the year as the pharmaceuticals and medical supplies aggregator rushes to meet demand generated by the Covid-19 pandemic.