IFR ASIA: Welcome everyone. Florian, what do we mean when we think about frontier markets? Can you help us define that? Florian Schmidt, Frontier Strategies: Yes, good afternoon Steve and good afternoon to the panel. The term frontier markets is commonly used to describe the equity or bond markets of so-called newer, often smaller or less accessible – but still investable – countries in the developing world. These assets are typically pursued by investors seeking high returns as well
Ulemj Bashkuu Mongolian Mining Corp Ulemj Baskhuu is the Chief Financial Officer of Mongolian Mining Corporation and Energy Resources LLC, a position she has held since August 2013. In this role, she is responsible for all aspects of the group’s finance functions including accounting, tax, financial planning, liquidity and asset management, investor relations and corporate strategy. Ms. Baskhuu joined the group in 2008 after holding various senior positions at the Trade and Development Ban
The coronavirus crisis underlined the role of the capital markets in supporting companies and governments through unprecedented challenges, providing low-cost, long-term liquidity that served as a buffer against the impact of the pandemic. Asia’s frontier markets, however, have largely missed out on that flood of easy money. Throughout the Covid crisis, several low-rated Asian borrowers found it hard to access offshore funding, even as their higher-rated peers have scaled up debt issuance.