Posted May 17, 2014 3:34 pm by Comments

There is a short article in the Financial Post where Thomas Vester, the chief investment officer and senior portfolio manager at Lloyd George Management, a boutique division of BMO Global Asset Management, noted that several global giants such as British American Tobacco PLC (NYSEMKT: BTI), Nestlé SA (OTCMKTS: NSRGY) and Mondelez International Inc (NASDAQ: MDLZ) have publicly-traded subsidiaries in places like Africa (I would also add that Unilever, among other important MNCs, have listed subsidiaries in Indonesia).

Read the whole article, Multinational subsidiaries a good play on frontier markets, in the Financial Post.

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