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The Last Emerging Market
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Some people put their money in aboriginal art, Danish film projects or ostrich farms. But as exotic investments go, it's tough to beat the latest opportunity on the market: a chance to buy into the totalitarian pariah state of North Korea. London-based firm Anglo-Sino Capital Partners has received regulatory approval from Britain's Financial Services Authority for its Chosun Development and Investment Fund, which is seeking $50 million from investors. The fund promises in a press release to "deliver significant return on investment in the near term," by focusing on North Korea's natural resources, such as gold and other...