Investing in frontier markets is a risky business. In the most unstable countries, you risk losing more than your money if you are caught in the region during a period of political or economic turmoil. However, the risk of investing in these areas can be justified by the lucrative returns on offer although, it takes a strong stomach and long term outlook to be able to harvest any gains.
Frontier Market Asset Management’s Larry Speidell and Andrea Clark are well versed in frontier market investing. Speidell’s Frontier Market Select Fund has earned a net annualized 9.0%, vs. 0.3% for the Russell Frontier Markets (ex-Gulf Cooperation Council) Index.
The duo describes how they’ve managed to achieve this return and what they look

