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Frontier markets have plenty to offer investors

Markets considered too risky a few years ago have a much improved landscape today. But active management and thorough research are vital.

The middle class has been growing in Vietnam and people have also been trading in bicycles for motorcycles, scooters and automobiles. From 2002 to 2012, growth in Vietnam's mobile phone subscription rates topped even India and the US.

INVESTING in frontier markets can come with a higher degree of volatility than more established markets, but to my team and me, they offer exciting potential. Some of yesterday's small, agrarian economies have transformed themselves into global powers today - China being the most impressive...

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