According to the results of Bloomberg Markets’ first ranking of the most-promising emerging and frontier markets for investors, the United Arab Emirates ranked second among the world’s frontier markets. Index providers consider frontier markets still too small or illiquid for most investors. Bulgaria and Romania tied for third place.
Emerging-markets equity analysts have bullish outlooks for 2012. It’s just a matter of time before investors come back, as rist appetite is getting stronger.
Among the emerging markets China ranked first, with Thailand second on the Bloomberg Markets’ ranking.
As the world’s second-largest economy, China commands the attention of investors even though the International Monetary Fund projects that its growth will slow during the next five years.
After decades of topping 10 percent annually, China is expected to expand at an average pace of 9.4 percent from 2012 to 2016, the IMF forecast in September. That still outpaces any other country in the ranking.
The other three so-called BRIC countries: Brazil, Russia and India didn’t fare as well. Russia ranked No. 8, while India and Brazil failed to make the top 10.