Mexico looks good for foreign investors

After the plunge of the Mexican peso back in 1994, foreign investors have been treating the Mexican market warily. However, a few international financial institutions saw it as an opportunity to strengthen their position in what they believed would be first a recovering, then growing, market. Although Mexico has a huge population base of around 90 million, because of the poverty there only 10 million considered as targetable by groups. As a closed market with only peso-denominated funds being sold, the mutual funds market of Mexico is worth around $15bn and growing. At the same time, comp...