What is powering the frontier market rally?

While most of the investing world has focused on artificial intelligence, diversification benefits, reform-driven return potential, and low valuations have propelled the MSCI Frontier Markets Index higher. Over the past three years, the market has outperformed MSCI US and MSCI Global equity indices, suggesting that these markets deserve more attention. High dividend yields, recovering earnings and low volatility are also strengthening the investment case for frontier markets. Many of them produce and export oil, along with other agricultural and industrial commodities, with energy producers...