DSP, based in London, is launching the first Pakistan frontier market equity fund for UK investors. The fund will launch on June 19th.
Until the last month, Pakistan has been a relative safe haven from the correction that has impacted global markets. Year to date from Jan 1- to April 30, the stock market in Pakistan returned 7.4%. In comparison, the Indian stock market endured a 15% slump.
This will be a good tool to invest in Pakistan, and look for future exchange traded funds (ETFs) for this market.