Bangladesh: A Rising Consumer Story (AFC Asia Frontier Fund)

Dear Investors and Newsletter Readers,

Senior Investment Analyst Ruchir Desai recently travelled to Bangladesh to meet with management of portfolio and shortlisted companies.

Bangladesh – a rising consumer story

The national parliamentary elections in Bangladesh took place on 30th December 2018 and the ruling Awami League and its partners garnered a huge victory, winning 288 seats out of the 300 which were contested in the polls. Though the return of the Awami League was anticipated, the scale of the election win was much greater than expected. A continuation of the same government is a big positive for the economy as policies related to infrastructure development and possible banking sector reform can continue in a more stable fashion. READ MORE

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