Frontier markets are cheap, but what do investors need to consider?

Frontier Markets have undergone in the 2020s a similar experience to emerging markets in the 1990s, a sequence of currency devaluations and market declines. Economic and financial shocks can cause bear markets and portfolio outflows in the short term but typically spur necessary reform and restructuring that result in sustainable long-term recovery. And this is an exciting prospect, writes Redwheel’s Emerging & Frontier Markets team. Read on.