VOL. XLV

No 25

24-June-2002

TUNISIA

Diversification Benefits Of Tunisia Offset By Slow Economy, Says JP Morgan

In a 14 June report on Tunisia, JP Morgan said that as a relatively infrequent borrowerwith solid fundamentals, the country could offer significant portfoliodiversification benefits, although it noted that this recommendation is offsetby the currently difficult economic environment. As a result a marketweight allocation is the optimal investmentstrategy, although if there is any further...