Reposted from Canada.com
By Gary Lamphier, Postmedia News
With Europe in crisis, the U.S. stuck in first gear and the so-called BRIC markets in a funk, one might think the days of double-digit stock market gains are history.
But despite the serious challenges facing the global economy, some of the more exotic foreign-equity markets are on a tear this year.
Unfortunately, most are in underdeveloped parts of the world where only the most adventurous investors typically dare to tread.
I`m talking about countries like Vietnam, Pakistan, the Philippines, Kenya and Colombia generally known as “frontier” markets in investment parlance. More…
Reposted from The NASDAQ
By Brett Callwood
Christopher Mayer has been writing the Capital & Crisis newsletter since 2004, and in that time he has travelled the globe looking at emerging markets for investment opportunities. Mayer has the ability to see ideas where others might not, to put aside preconceived notions and popular ideas. Much of this information can be found in his new book, World Right Side Up , which is available now through Agora Financial. Mayer spoke to Benzinga to tell us all about it. More…
Reposted from Bloomberg
A money changer trades Colombian pesos and Venezuelan bolivars in Cucuta, Colombia.
By Emma Charlton and Paul Dobson
Foreign-exchange traders, faced with lower volatility and record-low interest rates in the U.S., Europe, the U.K. and Japan, are searching for returns as far afield as Kazakhstan and Nigeria.
Investec Asset Management Ltd., which trades currencies of nations from Colombia to Uganda, said demand for assets in so- called frontier markets increased in the past six months. The Cambridge Strategy (Asset Management) Ltd. invested in the Nigerian naira from December to February. More…