While open-ended emerging markets fund managers contended with redemptions last year, investment trust managers were able to cut through the short-term noise and focus on the task in hand. Here, managers explore some of the key emerging market destinations.
Latin America: Come a long way Will Landers, senior portfolio manager, BlackRock Latin American investment trust For many, investing in Latin America evokes memories of hyperinflation, debt defaults, poor corporate governance, and an investment universe mostly correlated with commodities (and therefore China). However, investors who have been involved with LatAm over the last decade have experienced one of the best regional equity performances in the world, with a 10-year accumulated return of over 535% to the end of February 2012. LatAm has clearly come a long way. But what has c...
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