Brazil emerges as best Latin American investment option

Brazil's growing domestic consumption, need for infrastructure improvements and falling interest rates are making it a popular choice among the emerging markets. Christian Deseglise, global head of emerging markets business for HSBC's asset management division, says: "Latin America has been outperforming. The thing that strikes me is that it has been having consecutive strong growth without any imbalances along the way. It is not on the scale of Asian growth but growth is at 4-5%. The fiscal policies have continued to improve. They are not spending the fruit of the high commodity prices b...