S&P launches frontier equity index

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S&P has launched the first fully investable index for frontier equity markets.

The S&P/IFCG Extended Frontier 150 Index will offer exposure to markets previously not considered investable by most fund managers, because they are dominated by companies too small and illiquid to trade. The new index, which draws on data from the S&P Emerging Markets Database, features the largest and most liquid stocks from over 30 developing markets in Asia, Eastern Europe, the Balkans, the Baltics, Africa, Middle East, Latin America and the Caribbean. Colombia, Kuwait, Nigeria, the United Arab Emirates and Qatar have the highest weightings in the new index while Pakistan has the ...

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