21st Nov 2019 07:45
Aberdeen Frontier Markets - Update research from QuotedData
21st November 2019
Significant latent value?
Aberdeen Frontier Markets (AFMC)'s manager has been re-positioning the portfolio by reducing exposure to Sub-Saharan Africa, adding companies in new markets and looking capture more of the momentum in markets. There is a now a greater tilt to the Asia Pacific region, where Vietnam accounts for over a quarter of the portfolio. AFMC holds a concentrated selection of companies that offer the prospect of double-digit earnings growth paired with inexpensive valuations (the weighted average current year price/earnings (P/E) ratio of portfolio companies is 10.0x).
Full research:
https://quoteddata.com/research/aberdeen-frontier-markets-significant-latent-2/
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