NEW YORK (AP) — Finding stocks that zig when others zag is a key goal for investors, and mutual fund managers say they’re finding candidates in places that may be unfamiliar. They’re delving deeper into less-developed economies, buying stock in Nigerian breweries, banks in Kazakhstan and cement companies in Colombia.

Trading in such markets is more difficult and the threat of big losses is higher. But proponents of so-called frontier markets say they are where Brazil, China, India and other big emerging markets were 20 years ago. And while investing in stocks from those countries may have seemed wild then, today they’re just a de rigueur part of an emerging-markets portfolio.