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Sri Lanka, the Contrarian Investment Opportunity of 2021, says CAM January, 27, 2021 Global equity interest in Emerging Markets expected to trickle down to CSE Global Negativity offers “contrarian” profit opportunity on Sri Lanka Sovereign Bonds New ECT terms with a FDI of USD 500Mn favourable for Sri Lanka Return of Pension funds to the CSE at prevailing valuations imperative UBS has upgraded emerging market equities to the most preferred global asset class Despite global negativity, the CSE has emerged the best performing stock market in the world as of 19th January 2021 due to local positivity. Analysts expect global equity market growth to move away from the US to favour the rest of the world. The capital flow into Emerging Markets can also be expected to flow into Frontier Markets while SL has the potential to outperform other frontier equity markets during 2021 since it is trading at attractive valuations, as per the latest Economic & Market Outlook report of the

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