Frontier market issuers have been in the mainstream of hard-currency sovereign debt markets for many years, but most have struggled to build scale and liquidity for their local-currency bonds. That could be set to change, as new indices are planned for the asset class and global institutional investors increasingly recognize the growth, return and diversification potential of these markets.

Here is why we think local-currency frontier market debt is becoming the natural complement to existing fixed income allocations in both developed and emerging markets.

You can now read the full whitepaper at the link below