Fund flow data shows European equities have posted 29 consecutive weeks of outflows, the worst run since 2008.
While the MSCI Frontier Markets index formally classifies some 23 countries as 'frontier' markets, there are actually around 160 countries that do not feature in developed or emerging market indices which could be considered frontier.
Aims to stop firms hoarding cash is working
The 'growth gap' between emerging and developed markets is widening in the former's favour and emerging markets are expected to grow by a robust 4.5% this year, according to Muzinich's Warren Hyland.
The Brexit vote, slowing global growth and unprecedented policy measures by central bankers mean there is significant uncertainty about what the future holds at a macroeconomic level - and there is good reason for investors to remain vigilant.
"Brexit means Brexit," Prime Minister Theresa May said. But what does that mean? For equity income investors, I think it means four things, writes Miton's Eric Moore.
Active funds also remain popular