Copper boosts South American economy

South America has been performing well on the back of strong commodity prices and low interest rates. Brazil and Chile have been the best performers out of the South America countries in these areas, with copper being the biggest play; and although fund managers have mixed feelings about the Mexican market some have doubts whether or not the government has been implementing the necessary reforms. James Gotto, fund manager at Schroders, says: 'Looking back last year the whole region has performed well especially Brazil and Chile. The economic backdrop has seen a decline in risk concen...