Edgbaston among top 20 shareholders of JKH

Edgbaston Asian Equity Trust, the Houston Texas-based fund of UK-based Edgbaston Investment Partners, for the first time, is featured among the top 20 shareholders of Sri Lanka’s premier blue chip John Keells Holdings PLC (JKH).
According to the recently released JKH interim financial accounts, Edgbaston Asian Equity Trust held 14 million shares, which amounted to one percent of the issued shares of JKH, as at March 31, 2017.
According to its official website, Edgbaston Investment Partners is a private investment management firm established in 2008 by Charu Lata Fernando and partners to specialize in Asia Pacific equity investments, excluding Japan. The website further said Edgbaston is one of the few independent, employee-owned, long-only, institutional-oriented firms focused on Asia Pacific ex-Japan equity investments. 
Frontier markets are back in the radar of international investors as they see significantly higher growth in these markets than in the developed world.
In addition to Edgbaston, other frontier market funds like Tundra and iShares—a unit of Blackrock—have been investing in Lankan equities during the 
past few months. 
According to the MSCI classification, other frontier markets in the Asian region include Bangladesh, Vietnam and Pakistan. But, Pakistan will be categorized as an emerging market with effect from 
June 1, 2017.