Value Investing in Frontier Stock Markets

In these markets, there are few foreign investors. Simply getting annual reports can be challenging, but the rewards for careful and patient analysis can be great. We seek companies with good growth prospects that offer quality product and services, solid management, and transparent accounting practices. The goal is to find companies that Graham and Dodd would like for their value and Warren Buffett would like for their growth.

In frontier markets, inefficiency leads to opportunity. Frontier stock markets move independently of global stocks. At this time, very few foreign investors participate in this segment of the market. Now frontier markets have grown to the point were they are sizable and investable.

Our extensive research capabilities - combined with our proprietary, bottom-up driven Investment Process and valuation modeling allows us to capitalize on a disciplined security selection process that leads to the discovery of opportunities that have the potential for great returns.