Heather Manners, CIO of Asian specialist boutique Prusik Investment Management, has tilted her $45m Asian Smaller Companies fund in favour of frontier markets such as Pakistan as she says they offer the "best growth opportunities" in the region.
Speaking to Investment Week, Manners (pictured) said the fundamentals in these frontier markets, as well as the domestic market in India, are ideal for companies to experience significant growth over the next few years and offer a "classic" emerging markets opportunity. She explained Pakistan is a clear example of a frontier market which has huge growth potential over the next few years, particularly as in 2015 China announced plans to build a corridor through the country to link it to the coast, in order to import and export goods. Since then, China has invested $47bn in the China-P...
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