June 18, 2013
Cyclists ride past Hanoi Stock Exchange in downtown Hanoi. Vietnam’s VN Index has increased 3.9 percent since May 22, extending its gain this year to 26 percent. Photo: AFP
Reposted from Thanh Nien News
The world’s least-developed markets are proving the most resilient to the three-week selloff that has erased $1.9 trillion of global equity value.
While the MSCI All-Country World Index of shares in advanced and emerging nations has lost 3.2 percent since May 22 amid speculation the Federal Reserve will pare monetary stimulus, the MSCI Frontier Markets Index returned 0.7 percent including dividends. Thirteen of the 15 top-performing stock gauges are in frontier countries, where the mean market value of $49 billion compares with almost $19.5 trillion in the U.S.
Fewer links to international capital markets have shielded smaller nations from a retreat that dragged down 52 of 72 equity indexes tracked by Bloomberg since May 22. Stocks in frontier markets also got a boost from the transfer of power between civilian governments in Pakistan and a rebound in Dubai real estate. Advance Emerging Capital and Morgan Stanley Investment Management are betting on more gains. More…
January 23, 2013
Reposted from ReutersVideo
Everest Capital’s Marko Dimitrijevic says that while emerging and developed markets have recovered since the 2008 recession, frontier markets are still at very low values and are now growing fast.
Photo Credits: Reuters
January 12, 2013
Reposted from Mongolia Today
Ulaanbaatar, where 1 million people out of Mongolia’s 2.8 million
by Julian Dierkes
Mongolia is continuing its positive run in world indices and rankings with the release of the WorldBank’s “Ease of Doing Business” ranking, moving from 88 to 76.
This comes on the heels of an Economist prediction that Mongolia’s economy will have the fastest growing GDP again in 2013. More…
January 8, 2013
Reposted from The Wall Street Journal
By MITSURU OBE
Last month, Japan won a contract to develop Thilawa, one of the three pioneer special economic zones in Myanmar
THILAWA SPECIAL ECONOMIC ZONE, Myanmar—Taro Aso, a week after becoming Japan’s new finance minister, put aside pressing domestic issues for a trip to Myanmar to cement Tokyo’s role in the largely untapped market, part of an effort to diversify from Japan’s exposure to China. More…
December 13, 2012
Reposted from Silk Invest
In this short video interview, Silk Invest CEO Zin Bekkali shares his views about why more investors will eventually allocate to the frontier markets. More…
November 1, 2012
Frontier markets may soon outperform emerging markets
Reposted from What Investment
Sam Vecht, director and portfolio manager at investment firm BlackRock, has hotly tipped frontier markets to outperform emerging markets. More…
September 21, 2012
Reposted from Bloomberg Businessweek
Freetown, Sierra Leone
By Roben Farzad
As far as investing goes, the economic battlefronts of Europe, China, and the U.S. seem like the only concern.
Meanwhile, as if it could not care less about all that, Sierra Leone, the West African nation still shellshocked from years of truly horrific bloodshed, is building a stock market. Sitting on the corner of the edge of what they call the investing frontier—tiny, illiquid markets aspiring to graduate to emerging-market status More…
September 4, 2012
Reposted from Fundweb
By Helen Burnett-Nichols
Frontier markets, such as those in Africa, Asia and the Middle East, offer opportunities and an alternative investment universe as economies grow and systems stabilise, writes Helen Burnett-Nichols.
While compelling growth stories abound in the world’s frontier investment markets, uncertainty around rapidly evolving political situations as well as ongoing corporate governance and liquidity problem seem to be keeping some investors on the sidelines. More…
August 30, 2012
Reposted from the BBC News
BenRiach already supplies a range of single malt whiskies to emerging markets
A Scotch whisky firm has set its sights on Mongolia as it bids to make further inroads into new and emerging markets.
BenRiach Distillery Company managing director Bill Walker is to hold tastings in the central Asian country as part of a trade mission next week.
Mr Walker said there were opportunities worldwide for the Scotch whisky industry, which had entered “a golden age”.
He added that “east of Beirut, the world is booming”. More…
June 21, 2012
Reposted from The Financial Times
By David Pilling
Kuwait 1950. Abu Dhabi 1970. Qatar 1995. Mongolia 2012? Mongolia, endowed with vast resources and growing at 17 per cent, has a gold-rush atmosphere. The miners, bankers and lawyers who have descended on Ulan Bator like to believe it is the next El Dorado. Those who wish the country well hope it can be more than that: a well-run democracy in which opportunity is equitably spread.
John Finigan, an über-optimist who runs Mongolia’s Golomt Bank, thinks of Qatar, which had an $8bn economy in 1995. Today, it has a gross domestic product of $174bn and the world’s second-highest per capita income of $98,000. Why, asks Mr Finigan, shouldn’t Mongolia do the same? Its top 10 mines alone contain minerals worth $2.75tn, which would make every Mongolian – all 2.7m of them – a millionaire. More…