Posted January 17, 2019 2:17 pm by Comments

It was only a matter of time before attention of frontier market investors turned towards Uzbekistan, Central Asia’s largest country that until only a few years ago was stuck in a post-Soviet time warp. Today, the country is in the midst of a transformative economic reform process, and potential is considerable given that growth will come from a low base. The Tashkent Stock Exchange, which has been trading since 1994 but on a very limited scale, is opening up – and will provide an excellent opportunity for early moving frontier investors.

So far exposure to this market has been almost non-existent but change is imminent. I spoke to two fund management companies with different approaches, who are eyeing the Uzbek market. READ MORE

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