Frontier Markets Lead the Pack YTD
Posted on Monday, March 31st, 2008 | In Frontier MarketsThe MSCI Frontier Markets Index, during its short life, has outperformed the MSCI Emerging Markets Index and China (FXI or GCX), India (IIF or IFN), Brazil (EWZ) and Russia (RSX) individually.
The frontier market category is only recently formalized by the major index companies, and there are few frontier funds. T.Rowe Price offers a frontier markets fund relating to the Middle East and Africa (TRAMX) which we find more interesting than some others at this time.
We began discussing frontier markets late in 2007, after MSCI and S&P launched their frontier market indices. The availability of indices will surely increase related funds availability. Investors would do well to begin to familiarize themselves with frontier market investment issues.
Those markets are quite small, and thinly traded with the potential for extreme volatility and illiquidity when you need it most. Nonetheless, for some investors, a dash of frontier market exposure might be like adding some Tabasco sauce to a dish for extra flavor and a bit of kick.
Last 5 posts by Richard Shaw
- Are negative yield money funds next? - November 19th, 2009
- Old Normal Allocation Becomes New Normal? - November 17th, 2009
- Very Long-Term Asset Allocation Results - November 8th, 2009
- U.S. Healthcare Legislation Investment Impact - November 8th, 2009
- Quality Individual U.S. Companies - November 7th, 2009
![]() About Richard Shaw (http://www.QVMgroup.com)
Richard is a principal of QVM Group LLC, a fee-based investment advisor based in Connecticut with clients across the country. He provides investment coaching to "do-it-yourself" investors, and manages portfolios for those who prefer not to make their own decisions. His investment approach is based on value, asset allocation, benchmarking, expense control, risk management, customizing portfolios to each client's specific circumstances, and regular communication about strategy and performance. The QVM Group team also provides municipal refinance services, strategic business planning and financial analysis service for new ventures, private acquisition analysis, and custom investment research. Richard's extensive experience, includes serving on the Board of Directors of Aberdeen Asset Management PLC (London Stock Exchange: ADN), membership on the Board of Directors of Phoenix Investment Counsel (renamed Virtus Investment Advisors), a U.S. pension manager and investment advisor to the Phoenix Funds (renamed Virtus Funds), as well as serving as Managing Director of a series of offshore investment funds based in Luxembourg. He has led institutional asset management sales and had overall responsibility for management of a U.S. mutual funds broker-dealer. He was a charter investor and member of the Board of Directors of several internet companies, including Lending Tree prior to its IPO. He is a graduate of Dartmouth College. QVM Group LLC is a Registered Investment Advisor. Visit the QVM Group website http://www.qvmgroup.com/QVMinvest/ |



