Search this website. You can use fund codes to locate specific funds

Latin America’s new liberals

  • gemologist-thumbnail-2Revelations of corruption and profligacy have undermined the leftist governments of Latin America, angering electorates which have seen economic growth fall with the commodity cycle
  • The political right is resurgent, appealing to a renewed desire for fiscal discipline and sustainable growth based on orthodox economic policies and less reliance on the boom-bust resources trade
  • Stock markets have surged, particularly in Argentina and Brazil, where new centre-right governments aim to implement reforms that should support growth in corporate earnings
  • Is this rally driven by political promises, or are strong foundations for long-term growth being built? We are optimistic but also cognisant that Latin America’s new liberals have plenty of work to do

Related articles

Macro Watch
ESG rigours must be applied to ABS market
An appetite for change: building a sustainable food future
Impactful intent: housing for a sustainable future
360° – Fixed Income Report, Q4 2019
Brexit: revamping the fiscal toolbox