You may have seen the terms “frontier markets” and “emerging markets” if you are an international investor or simply well-read. But it is not as obvious what they really are.
Sure, you can probably guess these economies are faster-growing and generally less developed than the United States or Western Europe.
More importantly, how can they help your portfolio? Which specific countries are the best emerging markets? And what are the differences between them and frontier markets?
City of London Investment Group (LON:CLIG) is an asset management group which specialises in investing in closed-end investment companies. The firm is authorised and regulated by the Financial Conduct Authority and registered as an Investment Adviser with the Securities and Exchange Commission.