T. Rowe Price launches Sicav Frontier Markets Equity Fund
T.Rowe Price has now launched the T.Rowe Price Sicav Frontier Markets Equity Fund which will invest across all frontier markets, including countries outside the MSCI Frontier Markets Index.
The fund will be managed by Oliver Bell (pictured), who has 16 years of experience in global developing markets.
“In many ways, frontier markets today show similar characteristics to mainstream emerging markets 15 to 20 years ago. Frontier markets have undergone structural changes, and we are now at a stage where the cocktail of ingredients needed for these economies to evolve have come together” Bell says.
T.Rowe Price has been investing in frontier markets for almost two decades and has 31 equity and 16 fixed income investment professionals focused on the emerging and frontier regions.