China / Russia Stock Market Charts Suggest Investing Early in Frontier Markets (Like Africa) Pay Off (Telegraph)
An article in the Telegraph says that those who backed China’s nascent economic boom in the 1990s achieved an incredible total return of 940% in that decade, theoretically turning £10,000 into nearly £104,000.But over the 10 years that followed, the total return was a far more modest 70%. Russia’s stock market returned even more, around 1,250% in a decade, during a sweet spot from 1995 to 2005. But today, the Moscow stock market stands broadly at the same level as nine years ago.
The article then goes on to talk about investing in Africa through various frontier market funds.
Read the article, An Africa Isa? The charts that suggest investing early in frontier markets pays off, in the Telegraph.
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