RWC has hired two emerging markets managers from beleaguered US hedge fund firm Everest Capital, paving the way for a significant expansion involving its first offices overseas and several new products.
The impact of new political regimes
Frontier market indicies had a reshuffle this year as UAE and Qatar ascended to emerging market. VAM Funds' Chad Cleaver explains why Vietnam and Sri Lanka are now the leading lights of the sector.
Investors in frontier markets are among the bigger winners of 2014. The MSCI Frontier Markets returned 17.9% in the year to 3 December 2014, compared to a paltry 5.2% for the MSCI Emerging Markets.
Some investors love the return potential of frontier markets, while others consider them volatile and expensive.
Georgia, Senegal, and Ghana could be the next candidates to be upgraded to MSCI frontier market status, according to LGM Investments' Thomas Vester.
LGM Investments (formerly Lloyd George Management) has reopened its LGM Frontier Markets strategy to investors following a dip in assets.
Fund buyers are taking profits in frontier markets after the recent reshuffle of constituents and a strong run of performance.