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BMO Launches Frontier Markets Equity Fund
Eliane Chavagnon
23 December 2013
BMO Global Asset Management has rolled out the BMO Lloyd
George Frontier Markets Equity Fund, to be managed by Lloyd George Management,
which is part of BMO GAM and a long-time investor in Asian and global emerging
markets. The fund will invest in equity securities of foreign
companies in frontier markets, or companies whose primary business activities
or principal trading markets are in frontier markets. It will be managed by Thomas Vester, along with two other
investment analysts. BMO said that the LGM frontier markets team has visited 28
frontier countries so far this year, including Botswana,
Vietnam and Georgia, in
search of attractive investment opportunities.