Jan 29, 2009 - 11:57 AM EST
David Hunkar submits:Frontier markets are the so-called next emerging markets. While investing in emerging market economies like Brazil, Russia, China and India takes a strong stomach, investing in frontier markets require nerves of steel. Frontier markets lie outside of the realm of emerging markets and they can be considered the “Wild West” of the investment world.
Some of the frontier markets include Middle Eastern countries such as Dubai, Saudi Arabia, the countries of Sub-Saharan Africa such as Nigeria, Burundi, etc., Asian countries such as the Philippines, Indonesia, etc. and the Latin American nations of Colombia, Costa Rica, etc. These markets started to appear in the investing universe in 2007 and 2008 when some global investors looked for much higher returns.
Source: Seeking Alpha (Jan 29, 2009 - 11:57 AM EST)