Srilanka, Feb. 1 -- Sri Lanka is poised to lead corporate earnings growth among the Asian frontier markets this year, as the country enters a positive economic cycle, also supporting the valuation rerating story, according to a top fund manager. AFC Asia Frontier Fund Co-Fund Manager Ruchir Desai noted that economies such as Pakistan and Sri Lanka have entered a positive economic cycle and that the worst is behind them. Therefore, in such nations, lower interest rates are leading to higher loan growth, higher consumption, increased domestic activity and stronger manufacturing activity. "So, you're seeing earnings coming back. I think earnings will be led by Sri Lanka next year also. They've been very strong for the last six months in Sri La...