Exploring the Early-Stage Frontier Markets
Posted by efrontierjournal on February 16, 2012 · Comments Off
Authors: Benjamin Griffith, CFA
Clifford Quisenberry, CFA
Submission Date: February 16th, 2012
Abstract: This paper seeks to describe the characteristics of the early-stage frontier markets, those countries that are excluded by even the frontier indices due to their small size or limited liquidity. Despite the implementation challenges, adding an allocation to the early-stage frontiers to a broader frontier or emerging markets portfolio can help improve returns and reduce risk. In addition, inefficiencies present in some early-stage markets may provide opportunities for active managers to outperform.
Full Article: Exploring the Early-Stage Frontier Markets: An Overview of The Most Neglected Equity Markets
Filed under A. Introductions, E. Portfolio Construction, F. Risk Management, G. Implementation & Trading · Tagged with Armenia, Bahamas, Barbados, Bermuda, Bhutan, Bosnia & Herzegovina, Cape Verde, Cayman Islands, Costa Rica, Eastern Caribbean, El Salvador, Fiji, Georgia, Guyana, Iraq, Macedonia, Malawi, Maldives, Malta, Moldova, Mongolia, Montenegro, Nepal, Palestine, Panama, Papua New Guinea, Paraguay, Republika Srpske, Syria, Tanzania, Uganda, Uruguay, Uzbekistan, Venezuela, Zimbabwe
