With the changing dynamics of the business environment, managers are increasingly faced with the ever-evolving challenges standing against the effective management of businesses. Pakistan is no exception. To delve further into the matter, Lahore School of Economics (LSE) hosted its second annual business research conference on Main Burki Campus in collaboration with CFA Society Pakistan, Institute of Chartered Accountants of Pakistan, JCR-VIS, PACRA and MAP.
The theme of the conference was “Managing Business in Pakistan-Challenges and Opportunities”. The conference was attended by some of the most renowned financial analysts and experts on the field spurring an interesting discussion that highlighted potential issues regarding the management of business in Pakistan.
The conference was inaugurated by LSE Rector Dr Shahid Amjad Chaudhry. He welcomed all the speakers and guests. Dr Waheed, CFA (CEO NAFA Funds) delivered the key note address with a special focus on the investment alternatives in Pakistan based on the historical performance and future outlook. Dr Waheed recommended the use of modern portfolio theory and strategic asset allocation process to investment decisions.
According to him, this process is based on a three dimensional view of the risk, return and correlation between asset classes. He asserted that the investors should resort to the capital protected strategy if they aim to protect their return against inflation and earn a decent return and substantiated it with attained results.