G LO B A L M A R K E T S
& GEOPOLITICAL
RISKS
“By giving investors access to a
younger generation of emerging
markets, frontier markets represent
a compelling investment opportunity.”
Dr. Mark Mobius is one of the
most prominent Frontier Markets
Fund Managers. He is the Executive Chairman of Franklin Templeton Investments with US$50 billion in assets under management.
Thomas Vester Nielsen
Larry Spiedel
“What we want to focus on are companies that cater to the local consumer, when the consumer on the
streets of Ho Chi Minh City [in Vietnam] or the streets of Lagos [in Nigeria] or the streets of SanJose [in
Costa Rica] goes from having, let’s
“The frontier is the last place on
say US$2 of disposable income in
his pocket a week to maybe US$10,
10 years from now – we want to invest in the companies that benefit.”
Dr. Mark Mobius
mess, Brazil is struggling with low
The BMO Lloyd George Frontier
Markets Strategy fund, officially
launched on 1st January 2012,
had a net return of 40% in its
first year and 37% in 2013. Its
earth where there is unimpeded
opportunity for GDP to catch up.
The economies of frontier countries
are expanding quickly, while
China is slowing, India is a political
commodity prices and Russia is a
kleptocracy.”
Larry Speidel oversees a US$200
million Investment fund as Chief
Investment Officer for Frontier
Market Asset Management.
biggest holdings are Guaranty
Trust Bank in Nigeria and Vietnam
Dairy.
GLOBAL MARKET DATA...
Global data is compiled by Heritage Investment Banking Group
in conjuction with Heritage Consulting (UK). All data relate to figures
compiled for the second quarter of the financial year 2014.