As part of JS investment, Global Investment Company (GIC) is established and registered with SECP. Its a specialized investment consultation firm involved in just managing portfolios with international securities. Their new project involves inclusion of a developing economy of Levu in their Emerging Market Portfolio Fund (EMPF). Their research shows that this emerging countrys economy is fairly diversified across manufacturing and natural resources (including agriculture), also, it has a growing financial sector. The accounting information about the financial information of the companies is also publically available. Although, the transaction cost is a little higher in their capital market and taxes are also higher. However, they are opening their capital markets and encourage capital inflows/outflows under governments strict surveillance. Now, GIC wants you to assist them in analyzing 2 aspects of Levus environment that favor investing actively in its stock market. And finally recommending if this strategy of Equity Portfolio management is most appropriate in Levus case.