ETF investors are increasingly looking at Latin America for investment as these emerging market countries have rebounded more quickly from the economic crisis, as Emma Dunkley reports
The Brazilian stock market significantly rebounded since March, following a huge sell off in Brazilian stocks last year as commodities plummeted. The main index has grown 30% year to date, representing one of the best performing stock markets in the world at present. The resurgence of the Brazilian market has made investment in ETFs based on Latin America an increasingly lucrative proposition this year. “ETFs based on Latin American indices are very popular – you can see from the issuers that there is huge competition,” said UniCredit head of ETF trading and advisory Paolo Giuliani...
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