Thornburg Investment Management's Charlie Wilson in CIO magazine

Why Frontier Markets Hold Promise, with an Asterisk

Political unrest still can upend otherwise impressive growth in places like Kenya and Sri Lanka.

Far-away places with strange-sounding names, many you barely know. That embodies frontier markets, the little brothers and sisters of emerging markets like India. And boy, frontier countries can be risky. The potential payoff, though, may be large for patient investors. Especially if a frontier nation gets promoted to emerging market status.
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