Opportunities have increased significantly in frontier markets debt as more countries have made a conscious effort to open their capital markets to international investors and currencies have become more fairly valued. As a result, we believe the time may be right for an allocation to frontier markets debt through a dedicated strategy. In this paper, we take a closer look at both the potential benefits a frontier debt portfolio can add to an investor’s portfolio, discuss our investment process, and explain how we handle the risks inherent in this asset class.
