Sign up today and take advantage of member-only content — the kind of timely, cutting edge industry insight that only Money Management Executive can deliver.
  • Exclusive Online Only Content
  • Free Daily Email News Alerts
  • Asset Management Blogs

Fund Forward

Intrepid Fund Managers Seek Truly New Frontiers'

It isn't often that mutual fund firms launch remarkable, truly unique new products. Certainly, exchange-traded, lifecycle, 130/30 and emerging-market funds have been among the most significant and popular offerings in recent years.

Earlier this month, Fidelity Investments may have invented yet another new iteration of a mutual fund with its innovative suite of target-date retirement income funds that offer a simplified, one-stop solution many retirees and financial advisers might readily embrace.

The trouble is, once one fund company comes out with a breakthrough, compelling new type of mutual fund, it's inevitably dwarfed by a stampede of imitators-dulling the innovator's original appeal and resulting in a crowded field of indistinguishable commodities.

Now, however, some intrepid emerging-market funds are venturing into a fascinating new territory few others are likely to attempt: investing in such exotic locales as Latvia, Bangladesh, Namibia and the Ivory Coast.

The venture is noteworthy, given that the stock exchanges in some of these places trade fewer than 10 listings. How portfolio managers of these so-called "frontier funds" can reliably research their investments and fairly value them is a mystery, so much so that in next week's issue, we will explore how they accomplish this task in greater detail.

As to why portfolio managers are assuming the additional risks inherent with frontiers that go way beyond those of emerging-markets-including a lack of liquidity, transparency and strong regulations, not to mention wild fluctuations in exchange rates, inflation and the risk of political and social turmoil-some managers say it's simply because the emerging-markets space has become too congested.

"A lot of hidden gems are no longer hidden," Hugh Hunter, head of global emerging markets at WestLB Mellon Asset Management, told The Washington Post. "Clearly, frontier markets are the next tier. We have no option but to go forward in this area."

Others maintain that third-world governments now have the capital to spend heavily on infrastructure.

It's worth taking a look, given that the S&P/IFC Global Frontier Markets Index of 22 frontier nations is up 49% in the 12 months ended Aug. 21, while the S&P 500 is up 16%.

(c) 2007 Money Management Executive and SourceMedia, Inc. All Rights Reserved.

http://www.mmexecutive.com http://www.sourcemedia.com

Recent Posts

Mutual Funds Must Go High-Tech-v. 3.0

Over the last number of years, mutual fund transfer agencies and shareholder communications companies have tried to convince shareholders to accept paperless summary prospectuses, proxies, trade confirmations and electronically stamped signatures. Fund supermarkets and web home pages have broadened their horizons to include market commentary, videostreaming and personal financial news. At the same time, exchange-traded funds, funds-of-funds, hedge FoFs, unified managed accounts, target dates, 401(k) auto enrollment and heightened awareness among people throughout the country of the difficulties of being retired-have taken off.

Test of the Massey Mine

Fund giant boards of directors at AllianceBernstein, American Funds, Fidelity, Vanguard and others are reportedly starting to bring about meaningful change in the corporations in which they are invested. Proof should come any day now, when the shareholder proxy votes from the annual meetings are released. Fund chief executive officers spoke about the power and influence their proxies wield in an interesting Reuters article last week, "Mutual Funds Seek to Shed 'Rubber Stamp' Tag."

Milestones

In 2011, 401(k) plans will turn 30, but the milestones the mutual fund industry has reached in this time are but a nanosecond in the history of U.S. retirement policy. Executives we interviewed for this special edition of Money Management Executive for the Investment Company Institute's meeting in Washington, speak to important milestones of the recent past and into the future. Look inside for observations and forecasts by Ted Benna, Robert L. Reynolds, Dan Fuss, David C. John, Steven Miyao and others.

At Age 30, It's Time for a Revamping for the 401(k)

This year marks the 30th anniversary of the 401(k), the revolutionary retirement savings vehicle that has been annihilating pension plans, empowering individuals to take part in the stock market-and, sadly, that left retirees with the misfortune of leaving the workforce in 2000 or 2008 very badly off. The cracks in the system are prompting many asset managers, regulators and retirement experts to take a hard look at 401(k)s and how they can be fixed.

Index of Posts

92 Comments

Mark charm LV Chanel Handbags to reform the use using the minimalist philosophy of "from scratch". For example, he keen to style the ability to feel, to play to their imagination and creativity, add a small material decorated within traditional Monogram. LV bag in his help, the era of re-molded common with online community life, traveling near to the globe of Paris style image. The fashionable LV Chanel Bags products to attract purchasers near to the Chicago, Tokyo, and its products possess the luxury using the large red imitation child tight-fitting jacket, double-sided camel frizzy hair Skinny skirts and mink scarf. In addition, operating luxury brand must be a brand new ad, LV package element in 1870 confirmed the laws of marketing long-term, until today, all of the luxury brands near to the globe dares to disobey the iron law, away from your Mediterranean coast towards the the Atlantic coast, towards the Hollywood actor away from your Cannes film acquiring Nemo "swept away" away from your Transformers. In fact, the charm using the LV is a pioneer in luxury brand advertising, newspaper in Paris was within ascendant, the press make an effort to lure business to advertise, but the business people that devote much funds advertising is not worth. Interestingly, the literati of the newspaper are essentially are also advertised within newspaper writers, such as the writer Victor Hugo so at their individual cost within newspaper advertising is a very natural and organic thing. Years later, the merchants discovered the charm using the ads. LV could possibly be the foresight, in 1880, the fashionable LV in fifty newspapers and periodicals continue to advertise, is becoming the darling using the information media, newspapers, in turn pushing the LV brand awareness using the LV Cheap Supra Shoes is not inferior in any style element newsmakers.Clever the LouisVuitton by virtue of their , design flat best leather-based situation for educate travel, and opened his private leather-based store in Paris.

Posted by: cheapthings c | June 4, 2012 8:33 PM


celebrex without prescription plavix without prescription paxil without prescription norvasc without prescription nolvadex without prescription nexium without prescription neurontin without prescription lopressor without prescription effexor without prescription protonix without prescription prevacid without prescription premarin without prescription zanaflex without prescription zyprexa without prescription

Posted by: lance f | May 29, 2012 12:12 PM


The NBA announced the first annual awards. NBA Shop The SAN Antonio spurs coach gregg popovich won NBA2011-12 season of "the best coach". Tracy Mcgrady Shoes Gregg popovich led the spurs veterans staged the lockout-shortened season "miracles", Zoom Kobe 7 Shoes in the western conference amongst the elite is obtained in the top of the charts the regular season record. kobe zoom 6 At the same time, the spurs also created the continuous 15 season NBA playoff record of march.

Posted by: jiade j | May 14, 2012 2:57 AM


Decorative painting and landscape painting, art paintings for sale have a high artistic level and ornamental value.abstract art paintings We can Glimpse from the style of beauty and local culture, experience the exoticcustoms.art deco paintings Composition layout of the whole painting light and dark has caused exude amood, ie,art paintings dense and thick, colorful, gleaming, makes the whole picture and intricate,beautiful, give a sense of the people relaxed and happy. http://www.artforsalecheap.com/

Posted by: jiade j | May 14, 2012 2:54 AM


Nowadays, Cheap Jordan Shoes also happen to be very versatile. So even if you purchased a gleaming new ultra Air Jordans for rowing, your can also use it for campus wear or hanging out. Have Jordan Retro 13 in the family whom you want to bring along to the fairways? They might take to the naturally geared up in quality Jordans 13 with a precise fit, enhanced grip, stability and comfort. Air Jordan 1 will get a kick donning the coolest new versions of Air Jordan 11 with a lightweight feel and extreme stability level when Air Jordan 23 with friends or schoolmates. http://www.discountairjordans13.com/

Posted by: feg g | May 13, 2012 8:29 PM


Michael Jeffery Cheap Jordans, this name besides is in the basketball court the forever god, he also has other spot forever to be unable to substitute, that is his 23 pair of Cheap Jordan Shoes, any star player has not been able to leave its right Nike Air Yeezy, what in the active duty player the signature Air Jordan Shoes are most is Iverson, on the season is also the 12th generation. But in NBA, worships Nike Air Jordan the player to be too numerous to cite individually, below brings for you with the Jordan Retro 11 concerned ten big giant stars. The kopeck in terminates an agreement after Adidasi, once had had the stage which puts on Jordan Retro 11 randomly, but the Jordan shoes appear in his under foot the frequency is highest. Regardless of being Cheap Air Jordans 3 generation, 6 generation, 8 generation, 11 generations is 12 generations, once followed the kopeck to go on an expedition. But wins the championship when this year attends the talk show program Air Jordan Shoes afterward, the kopeck under foot is also the Jordan 11 generation which a pair Nike Air Jordan blue-black matches colors. In university time, although Iverson in field scenery infinite, but is also unable to improve the family aspect in distress. Iverson's great mother to let the son be more formidable in the field, does Jordan Retro 11 not hesitate to fall behind the electrical bill, has bought one pair of AJ11 generation to Iverson, but Iverson has not disappointed mother's expectation, enters NBA by the foremost person in the field Xiu's status Cheap Jordan Shoes. As soon as although James entered the alliance to have his signature Air Jordan Retro shoes, but this picture above James under foot was actually pair of Jordan Retro. James's number is also 23, he does not cover himself regarding Jordan's respect. Jordan delivered wheat peduncle Jordan Retro 11 the story already was enjoys great popularity, although Jordan has lost to the magic which Nike Air Yeezy Mai Di commanded troops, but he after the competition ended, signature's Nike Air Yeezy will give the wheat peduncle, above has Jordan Retro written "is enjoying the challenge, the good luck and the health".

Posted by: dsfsd d | May 9, 2012 10:57 PM


Michael Jeffery Cheap Jordans, this name besides is in the basketball court the forever god, he also has other spot forever to be unable to substitute, that is his 23 pair of Cheap Jordan Shoes, any star player has not been able to leave its right Nike Air Yeezy, what in the active duty player the signature Air Jordan Shoes are most is Iverson, on the season is also the 12th generation. But in NBA, worships Nike Air Jordan the player to be too numerous to cite individually, below brings for you with the Jordan Retro 11 concerned ten big giant stars. The kopeck in terminates an agreement after Adidasi, once had had the stage which puts on Jordan Retro 11 randomly, but the Jordan shoes appear in his under foot the frequency is highest. Regardless of being Cheap Air Jordans 3 generation, 6 generation, 8 generation, 11 generations is 12 generations, once followed the kopeck to go on an expedition. But wins the championship when this year attends the talk show program Air Jordan Shoes afterward, the kopeck under foot is also the Jordan 11 generation which a pair Nike Air Jordan blue-black matches colors. In university time, although Iverson in field scenery infinite, but is also unable to improve the family aspect in distress. Iverson's great mother to let the son be more formidable in the field, does Jordan Retro 11 not hesitate to fall behind the electrical bill, has bought one pair of AJ11 generation to Iverson, but Iverson has not disappointed mother's expectation, enters NBA by the foremost person in the field Xiu's status Cheap Jordan Shoes. As soon as although James entered the alliance to have his signature Air Jordan Retro shoes, but this picture above James under foot was actually pair of Jordan Retro. James's number is also 23, he does not cover himself regarding Jordan's respect. Jordan delivered wheat peduncle Jordan Retro 11 the story already was enjoys great popularity, although Jordan has lost to the magic which Nike Air Yeezy Mai Di commanded troops, but he after the competition ended, signature's Nike Air Yeezy will give the wheat peduncle, above has Jordan Retro written "is enjoying the challenge, the good luck and the health".

Posted by: dsfsd d | May 9, 2012 10:54 PM


In particular, products from coach factory outlet with leather design are fashionable, handmade,leading the wave of American pop.It with simple,durable and unique style to win consumers.The coach factory online make no guarantees to their inventory so you may lose a really great deal or style simply because you did not act.To find a Coach Bag of any size, color or style to fit your needs at the coach factory outlet online is a very necessary thing for every beautiful woman.

Posted by: yan l | May 4, 2012 9:31 PM


nike air max has been to inspire nike air max shoes every one of the world's athletes and its nike air max 90 offer the best products as the glorious task cheap nike air max. Nike's language is the language of movement. Three years later cheap nike air max 90,

Posted by: alina y | April 27, 2012 9:55 AM


[url=http://www.hinikeairmax90.com/]nike air max[/url] has been to inspire [url=http://www.hinikeairmax90.com/]nike air max shoes[/url] every one of the world's athletes and its [url=http://www.hinikeairmax90.com/]nike air max 90[/url] offer the best products as the glorious task [url=http://www.hinikeairmax90.com/]cheap nike air max[/url]. Nike's language is the language of movement. Three years later [url=http://www.hinikeairmax90.com/]cheap nike air max 90[/url], the company [url=http://www.hinikeairmax90.com/]cheap nike air max shoes[/url] has always been committed to for everyone to create the opportunity to show themselves.Nike knows [url=http://www.hinikeairmax90.com/]nike air max online[/url]: that the only use of [url=http://www.hinikeairmax90.com/]air max shoes[/url] advanced technology to produce the best products. It has been, Nike has invested a lot of manpower, material for research and development of the [[new products:[url=http://www.hinikeairmax90.com/]air max[/url]]]. Nike's first air-cushion technology has [url=http://www.hinikeairmax90.com/5-nike-air-max-mens]mens nike air max[/url] brought a revolution to the sports world

Posted by: alina y | April 27, 2012 9:53 AM


mulberry uk create super shock many of the style with may completely different role.It has however getting confirmed how they insure the fact that merchandise you purchase will genuinely be reliable mentor product to mulberry uk outlet.

Posted by: online4426 o | April 23, 2012 1:31 AM


Fashion shows and ysl shoes the fashion ysl shoes sale weeks are ysl sale not the only discount ysl shoes fashion events cheap louboutin shoes in the fashion Mulberry Factory Shop world. The Mulberry Outlet public appearances Mulberry Bags of the rich Mulberry Outlet Online and famous Mulberry Bayswater Bags and the popular red Mulberry Alexa Bags carpet aka award show functions are the Mulberry Wallets one which set the fashion temperature high not only among the tabloids but also the fashionistas. Mulberry Purses Kate Winslet was not just appreciated for the Oscars; her YSL gown got everyone's Mulberry Factory Outlet Shop attention. So finally we know how to set a trend and who can set it. Besides the real Mulberry Bags Outlet clothes bags and footwear there is a whole market out there for YSL tribute replica.

Posted by: qian d | April 16, 2012 8:47 PM


You will find A-list celebrities such as Sarah Jessica Parker, Janet Jackson and Nicole Kidman wearing cheap new era hats. Since it's conception, the red bull new era hats has been produced into a variety of designs, colors, shapes, and styles that have won top picks of millions of women the world over. You are sure to find something of your liking when shopping from either a new era baseball hats store or outlet for. Many of the listed cincinnati reds hats found in the main stores or department stores can be found in the outlets, so get out there and start shopping! herve leger is incredibly popular, and the collectable nature of these beautiful pieces of means that many people are searching for them online. As with any designer label, there will always be companies selling herve leger dress, however when you are buying online how can you be sure that what you are purchasing is the genuine . If you are buying directly from the official herve leger clothing, then you are of course going to be getting the real deal.

Posted by: juckes j | April 12, 2012 3:06 AM


http://www.makeupmacwholesale.com/mac-ladygaga-series-c-3.html http://www.makeupmacwholesale.com/discount-mac-makeup-foundation-nc-p-13.html http://www.makeupmacwholesale.com/cheap-mac-makeup-powder-foundation-nc-p-31.html http://www.makeupmacwholesale.com/mac-cosmetics-wholesale-powder-plus-foundation-p-28.html http://www.makeupmacwholesale.com/mac-makeup-wholesale-powder-foundation-studio-p-30.html http://www.makeupmacwholesale.com/cheap-mac-cosmetics-puff-cake-4sizes-0095kg6-p-16.html http://www.makeupmacwholesale.com/discount-mac-makeup-whitening-two-way-cake-p-11.html http://www.macmakeupo.com http://www.makeupmacwholesale.com/discount-mac-makeup-powder-plus-foundation-4sizes-0105kg7-p-17.html http://www.makeupmacwholesale.com/cheap-mac-makeup-beauty-powder-foundation-nw-series-p-25.html http://www.cheapnike4sale.com http://www.cheapnike4sale.com/nike-air-max-nike-air-max-2011-c-7_8.html http://www.cheapnike4sale.com/nike-air-max-nike-air-max-90-c-7_11.html http://www.cheapnike4sale.com/nike-air-max-womens-air-max-c-7_9.html http://www.cheapnike4sale.com/nike-air-shoes-c-3.html http://www.cheapnike4sale.com/nike-air-shoes-nike-air-force-1-c-3_4.html

Posted by: macmakeup12 m | March 28, 2012 4:23 AM


Blaine Boyer Jersey Blank Jersey Carlos Beltran Jersey Chris Young Jersey Customized Jersey Darryl Strawberry Jersey David Wright Jersey Dwight Gooden Jersey Francisco Rodriguez Jersey Gary Carter Jersey Ike Davis Jersey Jason Bay Jersey Johan Santana Jersey Jose Reyes Jersey Keith Hernandez Jersey Lenny Dykstra Jersey Lucas Duda Jersey Mike Pelfrey Jersey Mookie Wilson Jersey Nolan Ryan Jersey Pedro Martinez Jersey Tom Seaver Jersey

Posted by: aswdlblnd 1 | March 23, 2012 1:41 AM


I hate the Burberry Outlet Stores ,because they send the copys of burberry to me ,especially the Burberry Scarf come with a poor quality. I will never buy anything from the Burberry Outlet website.

Posted by: damon g | March 19, 2012 10:27 PM


Gucci HandbagsFor females who adore Gucci fashion can visit the fashionable Gucci Handbags Outlet online. We specially provide a Gucci Sale series of high quality Cheap Gucci Bags, latest style but cheap price so that you can buy one to intersperse your life while saving a lot of money. Gucci Handbags OutletAs one of the most popular brand in the whole world, Cheap Gucci BagsGucci give you elegant and confidence so every woman should have one

Posted by: supra s | March 16, 2012 1:15 AM


Gucci HandbagsFor females who adore Gucci fashion can visit the fashionable Gucci Handbags Outlet online. We specially provide a Gucci Sale series of high quality Cheap Gucci Bags, latest style but cheap price so that you can buy one to intersperse your life while saving a lot of money. Gucci Handbags OutletAs one of the most popular brand in the whole world, Cheap Gucci BagsGucci give you elegant and confidence so every woman should have one

Posted by: supra s | March 16, 2012 1:14 AM


cheap air Max 2011 Im glad that cheap air max 2012 I was able cheap air Max 360 to move you. Im flattered. cheap air Max 87 That really means cheap air Max 90 a lot. We put some work into that, so Im glad it came across. Its what we all strive for.

Posted by: airmax s | March 7, 2012 3:35 AM


oil painting reproductions art reproductions oil painting for sale

Posted by: chris92 c | January 11, 2012 4:19 AM


The brand names who specialise in just Moncler Mens Coats are growing in popularity and noteriety, and New Moncler Down Jackets are widely offered on the web and in selected large Moncler Women Jackets. 1 well recognized French brand name is 'Weekend a la Mer', and they offer you a smaller but stylish and sophisticated Moncler Mens Jackets. Being a French brand Discount Moncler Mens they certainly offer both warmer selections for the Winter via to Spring months, as well as http://www.monclermenstore.com/.

Posted by: feg g | January 4, 2012 2:19 AM


Mulberry Bags are hot sale with free shipping in Mulberry Outlet Store. Welcome you come here,come our uggs outlet stores. ugg outlet stores is the best stores of ugg boots outlet,offer all kinds of cheap ugg sale. Ugg outlet store sales various of discount uggs products,including boots, sandals, slipper, welcome to ugg outlet store to buy high quality products. Buy Mulberry Bags enjoy top fashion and save up to 70% off now. Discount Mulberry bags sale,Mulberry Outlet.Buy Mulberry bags from our Mulberry factory shop outlet! 70%Off Mulberry Bags, Mulberry Sale, Mulberry Purses, Mulberry Alexa, Mulberry Bayswater,Top Quality Free Shipping

Posted by: zzz f | December 22, 2011 7:05 PM


Mulberry Bags are hot sale with free shipping in Mulberry Outlet Store. Welcome you come here,come our uggs outlet stores. ugg outlet stores is the best stores of ugg boots outlet,offer all kinds of cheap ugg sale. Ugg outlet store sales various of discount uggs products,including boots, sandals, slipper, welcome to ugg outlet store to buy high quality products. Buy Mulberry Bags enjoy top fashion and save up to 70% off now. Discount Mulberry bags sale,Mulberry Outlet.Buy Mulberry bags from our Mulberry factory shop outlet! 70%Off Mulberry Bags, Mulberry Sale, Mulberry Purses, Mulberry Alexa, Mulberry Bayswater,Top Quality Free Shipping

Posted by: zzz f | December 22, 2011 7:02 PM


A search warrant for the raid was immediately acquired from The North Face Outlet.Charges of The North Face under the intellectual poperty code are being prepared against the owners of the raided establishments.While almost all cakes include things like authentic True Religion outlet associated with sponge dessert covered in fondant and paper rice report,True Religion Outlet Jeans created from entirely by hardened types of carbohydrates paste.Supra shoes cheap sale create the particular Supra Skytop shoes cheap wait correctly to dried out.Then variety the trust once more,New Air Jordans continue on piece by simply piece for around five nights.That will put it a lot more succinctly when Cheap Air Jordans get home of the morning.It is possible to buy each Cheap Retro Jordans that decreases the runway and the make-up at the same time.

Posted by: zhen x | December 21, 2011 12:23 AM


A search warrant for the raid was immediately acquired from The North Face Outlet.Charges of The North Face under the intellectual poperty code are being prepared against the owners of the raided establishments.While almost all cakes include things like authentic True Religion outlet associated with sponge dessert covered in fondant and paper rice report,True Religion Outlet Jeans created from entirely by hardened types of carbohydrates paste.Supra shoes cheap sale create the particular Supra Skytop shoes cheap wait correctly to dried out.Then variety the trust once more,New Air Jordans continue on piece by simply piece for around five nights.That will put it a lot more succinctly when Cheap Air Jordans get home of the morning.It is possible to buy each Cheap Retro Jordans that decreases the runway and the make-up at the same time.

Posted by: zhen x | December 21, 2011 12:23 AM


A search warrant for the raid was immediately acquired from The North Face Outlet.Charges of The North Face under the intellectual poperty code are being prepared against the owners of the raided establishments.While almost all cakes include things like authentic True Religion outlet associated with sponge dessert covered in fondant and paper rice report,True Religion Outlet Jeans created from entirely by hardened types of carbohydrates paste.Supra shoes cheap sale create the particular Supra Skytop shoes cheap wait correctly to dried out.Then variety the trust once more,New Air Jordans continue on piece by simply piece for around five nights.That will put it a lot more succinctly when Cheap Air Jordans get home of the morning.It is possible to buy each Cheap Retro Jordans that decreases the runway and the make-up at the same time.

Posted by: zhen x | December 21, 2011 12:23 AM


A search warrant for the raid was immediately acquired from The North Face Outlet.Charges of The North Face under the intellectual poperty code are being prepared against the owners of the raided establishments.While almost all cakes include things like authentic True Religion outlet associated with sponge dessert covered in fondant and paper rice report,True Religion Outlet Jeans created from entirely by hardened types of carbohydrates paste.Supra shoes cheap sale create the particular Supra Skytop shoes cheap wait correctly to dried out.Then variety the trust once more,New Air Jordans continue on piece by simply piece for around five nights.That will put it a lot more succinctly when Cheap Air Jordans get home of the morning.It is possible to buy each Cheap Retro Jordans that decreases the runway and the make-up at the same time.

Posted by: zhen x | December 21, 2011 12:22 AM


The best men's Cheap Moncler coats are fashionable, affordable and keep you warm. Make sure you shop around when looking for your Moncler Vest Sale and you will find one that fits the Moncler Jackets UK. I have owned several throughout the years and have been pleased with every Moncler Mens Jackets purchase decision I have made. With an ever increasing number of designers Moncler Womens Jackets entering the market it is easier and easier to find a great pea coat for Moncler Coats Online.

Posted by: patrick2009 l | December 18, 2011 8:46 PM


One classic type of Moncler Women is the windbreakers. These type of men's coats are wearable for all types of seasons. Moncler Winter Jacketst is made of fabric that could stand through time and it belongs to the category of light men's Moncler Boots. During winter season, these type of Moncler Coats Women could protect you from the chilling wind outside and at the same time warmth your body. And Moncler Jackets Men could also be wear during winter since it is made of lightweight materials which is warm for you to bear Moncler Coats Women.

Posted by: patrick2009 l | December 18, 2011 8:43 PM


With a chic and unique design, New Moncler Down Jackets are also a viable option for you gentlemen. You can pair them with Moncler Mens Coats, a coloured scarf and a pair of moccasins that are terrific for a movie night. Moncler Women Jackets have that fluffy feel which transforms them in a highly comfortable Moncler Mens Jackets item. One Moncler Online Store cannot ignore their miraculous property of preserving the heat and bestowing upon the body the type of Discount Moncler Mens that is so indispensable in the http://www.monclermenstore.com/.

Posted by: feg g | November 25, 2011 9:31 PM


With a chic and unique design, New Moncler Down Jackets are also a viable option for you gentlemen. You can pair them with Moncler Mens Coats, a coloured scarf and a pair of moccasins that are terrific for a movie night. Moncler Women Jackets have that fluffy feel which transforms them in a highly comfortable Moncler Mens Jackets item. One Moncler Online Store cannot ignore their miraculous property of preserving the heat and bestowing upon the body the type of Discount Moncler Mens that is so indispensable in the http://www.monclermenstore.com/.

Posted by: feg g | November 25, 2011 9:25 PM


Grimes the unit dvd before the oc dvd long the shield dvd studies the oz dvd that wild wild west dvd he's not the west wing dvd only west wing dvd in this the x files dvd suburban the wire dvd hellscape true blood dvd strewn two and a half men dvd with weeds dvd rotting will and grace dvd corpses, xena dvd soldiers beatles remastered dvd apparatus the beatles dvds and, of 007 dvd course, james bond dvd "walkers," 24 dvd the undead 30 rock dvd whose alias dvd chomp ally mcbeal dvd turns big love dvd humans bones dvd into brothers and sisters dvd bloodthirsty boston legal dvd zombies. http://boxsetszone.com

Posted by: ASDA A | October 5, 2011 10:10 PM


Having lived and worked in many foreign emerging markets I share your concerns. There is no market with more transparency than ours here in the US and we have issues that cannot be resolved even with the rule of law and years and years of positive results; yes, even now money flows into the market primarily because the vast majority believe the playing field is at least mostly fair and quantifiable ( within limits) we take our chances and hedge our bets.I have been involved at the company level in the restructuring, buying and selling of companies in many of these markets. This hands on ganular exposure has given me first had experience in what is lacking and needed in these markets. It will take years for the mentality of these markets players to change and for a solid basis for trading public equities to become established in these markets on anything but the basis of what I call " local market arbitrage" which is similar to what we have seen in a lot of larger markets in the past as they emerged from Russian dominance or the socialist model which was pervasive in the mid 90's in many parts Eastern Europe. History should be a good teacher; yes we need to promote these markets and to help them grow. However, public market funds will not add value or expedite this change without the foundation being put in place first by those truely intreped pioneers who live and work in those markets and invest on a private basis as the first step in estatblishing a beach head from which to move forward. In some ways you can compare it to the function the VC's provide for new company start ups. It is hard and frustrating work and not a quick fix or solution for investors or for fund managers looking for a new pitch. I would love to get involved with one of this funds and to find out what they are acutally doing in the way of diligence. Perhaps, I could help!

Posted by: ROCKY S | April 6, 2009 10:28 AM

Lee Barney

Lee Barney served as editor of Money Management Executive from 2002 to 2010. Previously, at United Media’s Wall Street & Technology magazine and Risk/Waters Information Services, she covered financial IT. For TheStreet.com, she wrote the daily “Meet the Street” column covering a broad spectrum of market-moving events. Lee began her career as a reporter in Tokyo with The Japan Times and was executive editor of Spotlight magazine.