Finding new frontiers

Dominic Bokor-Ingram, portfolio advisor, frontier emerging markets at Charlemagne Capital, highlights the key components to frontier markets investment.

Frontier emerging markets cover a huge universe of countries in various stages of their economic and political development and liberalisation. As an investment proposition, there are many attractive growth opportunities to be found at attractive valuations, with low correlation to developed and emerging markets. Emerging markets fell by 4.41% in 2013, whilst the frontier Market index was up by 23.56% over the same period. Frontier markets have a number of competitive advantages which lead to their very high growth rates, including attractive demographics, a large natural resource base...