Frontier and emerging markets (Vietnam)

Dylan Waller

Nomadic Equity

Thematic (Sector/Industry)

Pakistan Consumer staples / Thematic (Sector/Industry)

<p>As with most frontier markets that I have observed, investing in companies in the consumer discretionary/staples sector offers the most rewarding opportunity, yet the majority of stocks in this industry have above average valuation.  Extra effort is needed to filter to find stocks in this sector that have reasonable valuation.  Pakistan is an extreme case, where some companies in this industry can easily be considered to be in a bubble, and it is consequently not ideal to invest in this area.  I…</p>

As with most frontier markets that I have observed, investing in companies in the consumer discretionary/staples sector offers the most rewarding opportunity, yet the majority of stocks in this industry have above average valuation.  Extra effort is needed to filter to find stocks in this sector that have reasonable valuation.  Pakistan is an extreme case, where some companies in this industry can easily be considered to be in a bubble, and it is consequently not ideal to invest in this area.  I…

Accessing Pakistan's Consumption Growth at Reasonable Value: Sugar Mills