Once exciting frontier markets out of favour for now

Apr 7, 2009

Higher oil prices and an improvement in risk appetite are needed to revive general interest in the small and less liquid markets.

Frontier markets were all the rage in the first half of 2008. Pre-Lehman Brothers' collapse, frontier markets -- particularly the Middle East and North Africa (Mena) region -- were shaping up to be the next big investment theme.

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