White Paper: The Case for Frontier Market Fixed Income

Posted: 1 Aug 2009 Last revised: 11 Aug 2009

Daniel P. Broby

University of Strathclyde - Strathclyde Business School; Durham Business School

Date Written: July 31, 2009

Abstract

Frontier market debt is becoming increasingly attractive as an asset class, supported by the economic development of the less developed emerging markets. Analysis of the constituents of this off-benchmark asset class shows that allocation to it can potentially result in higher yield and better diversification. The authors argue that frontier fixed income should be included in strategic asset allocation using a technique known as reverse asset allocation.

Keywords: Emerging Market, Debt, fixed income, frontier markets, asset allocation

JEL Classification: B00

Suggested Citation

Broby, Daniel P., White Paper: The Case for Frontier Market Fixed Income (July 31, 2009). Available at SSRN: https://ssrn.com/abstract=1441894

Daniel P. Broby (Contact Author)

University of Strathclyde - Strathclyde Business School ( email )

100 Cathedral Street
Glasgow G1 1XU
United Kingdom

Durham Business School ( email )

Old Elvet
Mill Hill Lane
Durham, Durham DH1 3HP
United Kingdom

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