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Frontier markets account for 15 percent of global GDP, yet global investors largely ignore them. Fueled by access to technology and information, these markets are emerging even faster than their predecessors, making them an essential component of a globally diversified portfolio. In Frontier Investor, Marko Dimitrijevic makes the case for their inclusion, arguing - through a diverse set of case studies - that it is possible if not wise to make informed investing decisions about these unfamiliar and undervalued markets. Markets that were considered exotic two decades ago - China, India, South Africa, and Russia - are today's mainstream
Sommario
Introduction
Part I: Why Invest in Frontier Markets? 1. Emerging Markets Have Emerged
2. Frontier Markets Are the New Emerging Markets
3. Frontier's Bright Economic Outlook
4. "The Young and the Restless": Frontier's Favorable Demographics
5. "Can You Hear Me Now?": Frontier's Integration with the Global Economy
6. Frontier Equity Markets Offer Value and Diversification
Part II: How to Invest in Frontier Markets 7. The Pitfalls of Passive Management and Advantages of Active Managements in
Frontier Markets
8. Do-It-Yourself Investing in Frontier Markets
9. Special Situations in Distressed Debt
10. Privatizations
Part III: Risks and Opportunities in Frontier Markets 11. Political Risks in Frontier Markets
12. Other Risks in Frontier Markets
13. Megatrends in Frontier Markets
14. Frontiers of Frontier Markets Investing
Appendix
Notes
Index
Info autore
Marko Dimitrijevic is the chairman of Volta Global and an investment manager with more than thirty-five years' experience investing in emerging and frontier markets. He has invested in more than 150 countries and was one of the earliest Western investors in China, Russia, Indonesia, Bangladesh, and Saudi Arabia. From 1995 to 2015 he managed one of the world's best-performing emerging markets funds, his funds have been included in the "Top 100 Hedge Funds" by
Barron's "Top Emerging Market Hedge Funds" by
Bloomberg, and "Global Macro Fund of the Year" by
Absolute Return magazine.
Timothy Mistele is senior managing director at Volta Global and has over thirty years' experience in international investing, including nineteen years working with Marko Dimitrijevic.
Riassunto
Opening up a whole new world—and worldview—to the adventurous investor.
Relazione
"A brilliant and entertaining book that teaches the why, how, and where to invest in the new emerging markets. Marko Dimitrijevi? is the grand master of frontier markets investing. Read this book." - Tony Robbins, Money, Master the Game: 7 Simple Steps to Financial Freedom