Sven Richter, head of frontier markets at Renaissance Asset Managers
“Frontier markets are the new emerging markets”
On the 11/16/11
“Frontier markets” refers to all those fast-growing countries that remain largely ignored by most investors. Naturally, these markets are a subject of many kinds of fear for investors, though they present real potential for returns, not unlike the traditional emerging markets at their beginnings. Sven Richter, head of frontier markets at Renaissance Asset Managers, tells Newsmanagers about the added value to be found in these markets, which he says have their own rightful place in an asset allocation.
Newsmangers: What is your definition of frontier markets?