Frontier Markets Offer Opportunities, Mobius Says

The least-developed nations may offer interesting opportunities for investors seeking “tomorrow’s emerging markets,” according to Templeton Asset Management Ltd.’s Mark Mobius.

Templeton has opened offices in Vietnam and Dubai in the last few years to take advantage of “exciting opportunities” in Southeast Asia’s Mekong River region and so-called frontier markets in the Middle East, Executive Chairman Mark Mobius said in a report. Slovenia, Romania, Croatia, Kazakhstan and Ukraine are also starting to show promise, he added.

“Frontier markets are looking interesting and could become tomorrow’s emerging markets,” Singapore-based Mobius wrote in the report, which was posted on Templeton’s Web site today. (more)