Frontier markets (FMs) are investable but have lower market capitalization and liquidity than the more developed emerging markets. The frontier equity markets are typically pursued by investors seeking high, long term returns and low correlations with other markets.
The implication of a country being labeled as frontier is that, over time, the market will become more liquid and exhibit similar risk and return characteristics as the larger, more liquid developed emerging markets.
Other articles related to "frontier markets":
... Standard Poor's classified the following 37 countries as frontier markets Argentina Bahrain Bangladesh Botswana Bulgaria Colombia Côte d'Ivoire Croatia Cyprus Ecuador Estonia Ghana ...
Famous quotes containing the words markets and/or frontier:
“When the great markets by the sea shut fast
All that calm Sunday that goes on and on:
When even lovers find their peace at last,
And Earth is but a star, that once had shone.”
—James Elroy Flecker (18841919)
“It is very perplexing how an intrepid frontier people, who fought a wilderness, floods, tornadoes, and the Rockies, cower before criticism, which is regarded as a malignant tumor in the imagination.”
—Edward Dahlberg (19001977)