Dr. Marc Faber who is director of the mining company Ivanhoe Mines which is operating in Mongolia is very optimistic about frontier markets such the Mongolian market , Mongolia is seeing very strong growth, and could be the "Saudi Arabia of Asia", with 2 million people, massive area, and a tremendous amount of resources , he told CNBC recently , Ivanhoe Mines has three risks: Mongolian risks, commodity collapse risks, and its relationship with Rio Tinto . Frontier markets offer a lot of potential now that many emerging markets are becoming developed , Marc Faber explained. Dr. Marc Faber is associated with a variety of funds including the Iconoclastic International Fund, The Baring Chrysalis Fund, The Overlook Partners' Fund, The Income Partners Global Strategy Fund, The India Capital Fund, The Matterhorn India Fund, The Magna Europa Fund plc, The China Mantou Fund and Sofaer Capital Inc.
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