Press Release
BMA presents Pakistan Opportunities to Global Fund Managers at Hedge Funds World Conference in Dubai, 4-5 March 2008
Karachi/Dubai, 13 March 2008:Pakistan’s Premier Investment Group, BMA, was requested to present on the considerable and compelling investment opportunities Pakistan’s economy offers to international investors at the prestigious annual Hedge Funds World Middle East Conference 2008 which was held in Dubai on the 4th and 5th of March. Mr. Farrukh Khan, Chief Executive, BMA Capital, and Mr. Muddassar Malik, Chief Executive, BMA Funds, delivered their presentations at the conference in Dubai. BMA presented as part of the Middle East focus stream on the first day of the conference. As many as 750 of the world’s best investment strategists, managers, and regional investors attend and spoke at the internationally renowned event, which included an exclusive Awards ceremony on the 5th of March, which was supported by BMA as well. The full program is available on the website: http://www.terrapinn.com/2008/hfwme/
Pakistan has been amongst the best performing markets in the world in 2007 and 2008, year to date, with the Karachi Stock Exchange’s KSE-100 index returning 40% to investors in CY07, despite the politically turbulent year that Pakistan faced in 2007. In 2008, while international equities have fallen across the globe, Pakistan offers excellent hedging opportunities since Pakistan has a low correlation with most major exchanges. BMA’s Pakistan Opportunities Fund, Pakistan’s first and only offshore open-end country fund offers international investors an excellent avenue to take advantage of the robust growth opportunities in Pakistani equities through a long-short strategy.