iShares picks MSCI index for frontier markets ETF

In search of rich pickings in frontier markets

The licensing of the new MSCI Frontier Markets 100 Index by iShares for an exchange-traded fund (ETF) has underscored market participants' renewed optimism towards emerging markets equities. Despite a shift away from the asset class last year that saw net outflows of roughly $1.8 billion dollars from emerging markets equity ETFs, confidence appears to be returning.

"Solid fundamentals combined with renewed risk appetite and the support provided by lower interest rates in some countries has

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