This means that while overall yields are compressed, frontier markets – the next generation of EM – offer more yield, and generally lower duration, than they than their larger cousins.
On top of these yield and duration benefits, for Ruijer frontier markets also give him added flexibility of being less impacted when the US Federal Reserve does put up interest rates.
In this interview with Portfolio Adviser editor Gary Shepherd, he expands on where some of the opportunities are and some of the challenges that lie ahead.
