LONDON: JS Global Capital Limited - Pakistan’s Premier and one of the Largest Brokerage & Investment Banking Firms - has successfully concluded the Pakistan Investment Conference (PIC) 2016 in London.
The Privatisation Commission, Ministry of Finance (MoF), Government of Pakistan and the Pakistan Stock Exchange (PSX) were present and significantly supported this grand event, where both put up a larger-than-life effort to backup this rare initiative taken by JS Global Capital for the potential up-grade of the Country back into the Emerging Markets category, which is due this June.
The focus of the PIC 2016 revolved around fetching support for Pakistan to help it regain the MSCI Emerging Market Status, while also discussing the CPEC to attract both the FDI and FPI, given the turnaround in the country’s macros.
The opening session commenced with a welcome note by Mr. Ahmed Badr -CEO & Head MENA Equities Renaissance Capital, Dubai office, who appreciated JS Global and its CEO Mr. Kamran Nasir for their efforts and welcomed all the dignitaries and participating companies from Pakistan.
This was followed by the Managing Director, Pakistan Stock Exchange, Mr. Nadeem Naqvi’s detailed presentation on the significantly improving Pakistan’s investment story, including the recent turnaround observed in country’s macros, sectoral expansions for ensuing growth as well as series of key institutional and structural reforms which have been undertaken by the PSX/SECP over the last few years for the overall betterment of the Pakistan Capital Markets, for foreign and local investors alike.