Fund managers are predicting a strong year for Latin American markets based on falling commodity pri...
Fund managers are predicting a strong year for Latin American markets based on falling commodity prices and global growth. Hopes are also rising that the Latin American markets will become more independent of the fortunes of the US market and Nasdaq index. Fund managers remain focused on the big four of Mexico, Brazil, Chile and Argentina with the remaining markets perceived as too small to provide sufficient liquidity or stock choice. Steve Blackie, head of Latin America at Edinburgh Fund Managers, is positive on the region and has overweight positions in Brazil and Mexico. He predicts...
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