Investors Cling to Frontier Markets

As emerging markets tumbled this year, the riskiest country groupings on the fringes have been a haven. Small markets, local stories and in some cases pegged currencies backed by strong central bank reserves have shielded frontier markets from the worst of the emerging market rout.  Lebanon, Tunisia, Bulgaria, Lithuania, Qatar and Kuwait are among the world's lesser developed markets and are outperforming more mainstream emerging markets in the most recent storm.

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