| Norway’s decision to have its $890 billion sovereign wealth fund boost investments in frontier markets will probably attract more institutional investors to the asset class, according to HSBC Holdings Plc.
The sovereign wealth fund, which is the world’s largest, said in a strategy report yesterday that it will target more frontier markets and include additional currencies to generate higher returns. MSCI Inc.’s gauge of stocks in the smaller developing nations has gained 16 percent this year, more than triple the 4.5 percent return on its emerging markets Index...............................................Full Article: Source
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