A globally recognised investor in emerging markets, during a visit to Sri Lanka this week, said the fund was positive on investing in the equities market here but first would ‘wait and see’ till elections are over, before firm decisions are made.
Despite losing Sri Lanka Insurance Corporation (SLIC), businessman Harry Jayawardena is still the major shareholder at Hatton National Bank (HNB) through a range of companies while Galleon Fund, managed by in-the-news Raj Rajaratnam through the Deutsche Bank Trust Company Americas (DBTCA), seems to be a close second, analysts said.
Road Map for GSP + concessions
EC Ambassador Bernard Savage with US Ambassador Patricia Butenis and Sri Lanka Apparel Exporters Association Chairman Kumar Mirchandani discussing an issue at this week’s AGM of the association. Pic by Saman Kariyawasam
