Pakistanis among smartest people in the world, says Swedish investor
Mattias Martinsson invested in Pakistan when no one else wanted to
June 03, 2017
KARACHI: Swedish investor Mattias Martinsson said that Pakistanis are among the smartest people in the world while was speaking on Geo Pakistan early Saturday morning.
Pakistan’s specialty is its people. Many people want to work hard and get education. They will prove to be important assets for the country, he remarked.
His involvement in the Pakistan stock market bears testament to the foreign investors’ trust on the country’s market.
In 2011, when no one was willing to invest in Pakistani market it was Martinsson who established the country’s first foreign equity fund.
No investor was willing to invest in the equity fund, but Martinson and his partner invested a million dollars into it. Today, the fund is worth $100 million.
He remarked that he has been working with Pakistan stock market since 2005. “It has impressed me a lot.”
“I think differently from the rest. Don’t pay attention to what the other investors are thinking. Pakistan is one of the most important markers,” he said.
Pakistan’s market has the potential to progress as much as Indian market. However, many investors are still tremble at the thought of investing in Pakistan. If they start investing then the equity fund would be worth a lot more, he added.
