Asia’s frontier markets have seen mixed fortunes this year from an investment perspective, with Mongolia the best-performing in the world and Vietnam also a stand-out. However, ASEAN countries are lagging.
In this week’s Face-to-Face we speak with Ruchir Desai, a fund manager at Asia Frontier Capital, for a round-up of the latest developments and what to expect going into 2022. The recovery of international tourism and the creeping impact of inflation on consumer spending power are some of the themes to watch.