Back to basics: the case for investing in frontier markets

This article first appeared on Your Money. Due to the poor performance of emerging market (EM) equities this year, investors have shunned EM funds and started to look further afield. Assets under management in frontier market funds have more than doubled to $3.1bn since the start of the year, according to BofA Merrill Lynch, while EM funds have suffered outflows of $2.1bn. We go back-to-basics and explain the case for investing in these economies...