MUMBAI -- For over a decade, Mattias Martinsson has been investing in frontier economies, including Pakistan, Bangladesh and Sri Lanka. Now, he says, South Asia is "in the eye of the storm."
"The next couple of months will be painful for the South Asian markets," predicted Martinsson, chief investment officer at $220 million Swedish fund Tundra Fonder. "There is a high possibility that we will see both inflation and interest rates rising and currencies depreciating."
