INTERNATIONAL. Frontier markets (ME frontier markets included in this study: Bahrain, Kuwait, Qatar, Jordan, Lebanon and Tunisia) gained a return of 21.6% year-to-date (till 22nd Nov), outperforming the Greater China region (13.6%) by 8%.
Frontier markets outperformed Greater China throughout the year, except for third quarter where Greater China gained 17.1% as against 10.7% of Frontier markets.
Frontier markets showed positive returns through the year, except for the second quarter (-4.2%).
Greater China, on the other hand, had negative returns in first (-0.8%) and second quarter (-6.8%), but has shown good recovery in the third (17.1%) and fourth quarter (4.9%) so far.
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