Daily Archives: Apr 9, 2014 at 11:27 am EDT

A New Chapter For Narrative Risk

The Economist reports that “money is leaving emerging markets for riskier bets at the investment frontier.” So-called frontier markets are the new new thing in the frantic search for hot asset classes. “The rising interest is in part because GDP growth in China, Brazil and India has diminished. The things that made emerging markets exciting in the 1990s are now found in frontier markets, says Charlie Robertson of Renaissance Capital, an investment bank.”
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