Three times above danger level
Third Luxembourg-domiciled vehicle
Do not receive the funding required to grow
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.