Cover image for Frontier : Exploring the Top Ten Emerging Markets of Tomorrow.
Frontier : Exploring the Top Ten Emerging Markets of Tomorrow.
Title:
Frontier : Exploring the Top Ten Emerging Markets of Tomorrow.
Author:
Serkin, Gavin.
ISBN:
9781118823712
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (439 pages)
Series:
Bloomberg Financial
Contents:
Cover -- Title Page -- Copyright -- Contents -- About the Author -- Disclaimer -- Prologue -- Introduction to Frontier -- Chapter 1 Kenya -- I Mamboz -- II Can't Believe You're Going to Kenya -- III Sleeping Serpent -- Discussion Point: Fighting Corruption - Whose Side Are You On? -- Investor Analysis: TCW's Brett Rowley on Policy -- IV Prowling Leopard -- My Kenya: Central Bank's Njuguna Ndung'u -- Investor's Notebook: Safaricom's Bob Collymore -- Politics -- Business direction -- Products -- Investor Analysis: TCW's Brett Rowley on the Central Bank -- V Clinker -- Investor Analysis: Brett Rowley on Kenya's Bond Market -- Investor Analysis: TCW's Brett Rowley on ARM Holdings -- Chapter 2 Myanmar -- I Halcyon Days -- II Uncle -- Investor Analysis: Driehaus's Howie Schwab on the Political Outlook -- III Yoma -- Investor's Notebook: Banks - Yoma Bank, Special Advisor to CEO, Hal Bosher -- Investor's Notebook: Banks - KBZ Bank Deputy Chairman U Than Lwin & Senior Managing Director U Than Cho -- Investor's Notebook: City Mart, Ronald Lee -- Investor Analysis: Driehaus's Howie Schwab on Yoma vs. City Mart -- IV Son -- My Myanmar: Daniel Michener, CEO, Burst Networks -- The Big Idea -- Funding -- Telecoms -- Yangon -- Companies -- Management -- Labor Market -- Recruiting -- Raising Finance -- Investor Analysis: Driehaus's Howie Schwab on Telecoms -- V Gaung Baung -- My Myanmar: Yangon Stock Exchange Serge Pun, Founder of Yoma Strategic Holdings -- Mark Mobius, Executive Chairman, Templeton Emerging Markets Group -- Daniel Michener, CEO, Burst Networks -- VI Monk of Mandalay -- Investor Analysis: Driehaus's Howie Schwab on Myanmar -- Chapter 3 Romania -- I Ro-man-ee-a! -- My Romania: Andras Szalkai -- II Systematization -- My Romania: IMF's Guillermo Tolosa -- Investor Analysis: Raiffeisen's Andras Szalkai on Fondul Proprietatea.

III Brown Envelopes -- IV Mega Mall -- Investor Analysis: Andras Szalkai on NEPI -- V Drac-ul-a -- Investor's Notebook: Romanian Power -- Portfolio Structuring: Andras Szalkai's Investing Criteria -- Investor Analysis: Andras Szalkai on Romanian Power -- VI Crossroads -- Investor Analysis: Raiffeisen's Andras Szalkai on Romania -- Chapter 4 Argentina -- I Arbolitos -- Investor's Notebook: Deutsche Bank's Gustavo Canonero, Head of Emerging Markets Economic Research -- II Del Fin Del Mundo -- Investor Analysis: Julian Adams on Corporacion America -- III Vaca Muerta -- Investor Analysis: Adelante's Julian Adams on the Energy Sector -- IV Adelante -- Investor's Notebook: Carlos Calderon, Independent Prop Trader -- Investor Analysis: Adelante's Julian Adams on Argentina -- Chapter 5 Vietnam -- I Confucius -- II Aristotle -- My Vietnam: Mark Mobius -- Portfolio Structuring: Mark Mobius's Investing Criteria -- Portfolio Structuring: Andy Ho's Investing Criteria -- III Panacea -- Q&A Highlights: Mark Mobius Interviews Imexpharm Executives -- Investor Analysis: Templeton's Mark Mobius on Imexpharm -- IV Equitization -- Q&A Highlights: Mobius Interviews Binh Minh Plastics Executives -- Investor Analysis: Mark Mobius on Binh Minh Plastics -- V Automata -- Q&A Highlights: Mobius Interviews Vinamilk Executives -- Investor Analysis: Mark Mobius on Vinamilk -- VI From Noodles -- Chapter 6 Nigeria -- I Eko Beach -- II Crude Politics -- My Nigeria: Sanusi Lamido Sanusi -- Q&A Highlights: Kevin Daly Interviews First Bank Nigeria's -- Investor Analysis: Aberdeen's Kevin Daly on Politics & Policy -- Ethical Investor Analysis: Axel Röhm, Head of Emerging Market Debt at PGGM -- Portfolio Structuring: Picking Bonds -- IIl Sugar King -- Investor Analysis: Aberdeen's Kevin Daly on Nigeria -- Chapter 7 Egypt -- I Revolution II -- II Cleopatra.

Investor Analysis: Baillie Gifford's Andrew Stobart on Consumer Stocks -- Portfolio Structuring: Consumer Comes First -- III Sahl Hasheesh -- Investor Analysis: Baillie Gifford's Andrew Stobart on Egyptian Resorts Co. -- IV Audacity of Hope -- Investor Analysis: Baillie Gifford's Andrew Stobart on GB Auto -- Investor's Notebook: EFG Hermes Co-CEO Karim Awad -- Investor Analysis: Baillie Gifford's Andrew Stobart on Financial Stocks -- Investor Analysis: Baillie Gifford's Andrew Stobart on Egypt -- V Zahma! -- Chapter 8 Saudi Arabia -- I Virtue and Vice -- II Socialist Monarchy -- III Desert Farming -- Investor Analysis: Deutsche Asset & Wealth Management's Sean Taylor on Almarai -- IV Opening Bell -- V White Balloons -- Chapter 9 Sri Lanka -- I Family Economy -- Portfolio Structuring: Tim Drinkall's Investing Criteria -- Debt -- Cashflow -- Return on Equity -- Additional Criteria -- Endnotes -- II China City -- Investor Analysis: Morgan Stanley's Tim Drinkall on Policy -- III Pawn -- Investor's Notebook: Central Bank Deputy Governor Ananda Silva -- Investor Analysis: Morgan Stanley's Tim Drinkall on Banking -- Investor's Notebook: Ceylon Tobacco Co. -- My Sri Lanka: Securities and Exchange Commission Chairman Nalaka Godahewa -- Ten-Point Plan for the Colombo Stock Exchange -- IV Kilinochchi -- Investor's Notebook: Colombo Conglomerates -- Investor Analysis: Morgan Stanley's Tim Drinkall on Conglomerates -- V Rising Sun -- Chapter 10 Ghana -- I Goatanomics -- II Highlife and Death -- Investor Analysis: Wells Fargo's Derrick Irwin on Finance Industry -- Local Investor Analysis: Afina Capital's David Addo-Ashong on Finance Industry -- III Gold Diggers -- Investor's Notebook: Newmont Mining Corp. Executives -- Investor Analysis: Wells Capital's Irwin on Gold -- IV Cassava King -- Investor Analysis: Wells Fargo's Derrick Irwin on Commodities.

Local Investor Analysis: Afina Capital's David Addo-Ashong on Commodities -- V Egg and Stone -- Investor Analysis: Wells Fargo's Derrick Irwin on Ghana -- Local Investor Analysis: Afina Capital Partners' David Addo-Ashong on Ghana -- Conclusion - Journey's End -- Acknowledgments -- Index -- Supplemental Images -- EULA.
Abstract:
Get ahead of emerging markets with top-performer picks for up-and-comers Frontier helps investors successfully navigate markets that are yet to "emerge," with expert advice on spotting opportunities and minimising risks. With first-hand insights into frontier markets as we travel with big-name fund managers from Mark Mobius to Morgan Stanley, this practical guide ranks countries, stocks and bonds on a five- to ten-year horizon to steer investors toward the most promising destinations. Written in a compelling and accessible travelogue narrative, each chapter covers a specific country, providing invaluable market analysis and a deep understanding of the political, economic, and social background of those most likely to outperform. The key focus is on fresh ideas, based on the assessments from top performing money managers when meeting challenges, hostilities or adversity, and observations after interviewing high-level government officials and executives. With advanced economies shackled by debt and sluggish growth, investors are increasingly turning to emerging markets for better returns. Yet the money managers who came out on top in China, India, and Brazil are now focusing their attention on markets that have not yet emerged. This book applies the perspective of ten of the most successful fund managers in their field, providing an unparalleled guide to assessing investment potential in places better known for conflict, poverty and corruption. · Discover which markets have the best prospects, and which are potential disasters · Analyse individual markets by metrics including macro data, global relative value comparisons of stocks and bonds, buy/ sell triggers, and more · Learn which industries, stocks and bonds should be considered in each market · Examine each country through real-life on-the-ground assessment of corruption, conflict and other

risks as well as inspirational breakthroughs that signal opportunities This is a practical manual for all investors - whether students or professionals - wanting to get to know the most promising new markets while avoiding the pitfalls. A must-read for corporate executives seeking global capital, Frontier provides a better understanding of the changing international investment dynamic.   Robin Wigglesworth, FT: "Invaluable."  Mark Mobius, Templeton: "I love it! Beautiful descriptive writing."  Aliko Dangote, Wealthiest African: "Captivating tales, masterly woven.".
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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