Frontier helps investment professionals successfully navigate markets that are yet to emerge, with expert advice on spotting opportunities and minimising risks. With insights into frontier markets from big name fund managers, this practical guide ranks countries, stocks, and bonds on a five- to ten-year horizon to steer investors toward the most beneficial markets. Written in travel-log form, each chapter covers a specific country, providing useful market analysis and a deep understanding of the political, economic, and social background of those most likely to outperform. The key focus is on fresh ideas, based on the assessments of big-money managers when meeting challenges, hostilities, or adversity, and observations after interviewing top-level government officials and executives.
With advanced economies shackled by debt and recession, investors are turning to emerging markets for better returns. Yet the money managers who came out on top in China, India, Russia, and Brazil are focusing their attention on markets that have not yet emerged. This book uses the perspective of eight of the most successful fund managers, providing an unparalleled guide to assessing growth potential in places better known for conflict, poverty, and corruption. * Discover which markets have great potential, and which are potential disasters * Analyse individual markets by metrics including macro data, stock data, bond criteria, triggers, and more * Learn which stocks and bonds should be considered in each market * Examine each market as ranked by data and the consensus amongst fund managers
This book is a guide to getting to know the most promising new markets while avoiding the pitfalls. A practical manual for investors, and a must-read for executives seeking global capital, Frontier provides a better understanding of the changing international investment dynamic.