A short article in The Telegraph recently observed that Frontier markets, which index provider MSCI says comprises of 33 countries, including Argentina, Kazakhstan, Ukraine, Kenya, Nigeria, Kuwait, Lebanon, Bangladesh and Vietnam, are in a similar situation today to where some favorite emerging markets were 10 or 20 years ago.
Moreover, frontier markets generally have had a strong run over the past year, thanks in large part to investors becoming more willing to venture off the beaten track in search of the next big growth opportunity. In fact, the MSCI Frontier Markets index is up around 26% over the past 12 months, while individual markets such as Saudi Arabia (which will open next year to foreign direct investors) have done even better.
To read the whole article, Will frontier markets follow the same pretty pattern?, go to the website of The Telegraph.
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