Latin America as one of the key drivers of the emerging markets story with Brazil and Chile regarded as having good prospects for investors, it is claimed.
Mike Simpson, head of Latin American Equities at Barings, is optimistic about Latin American equities.
‘Inflationary pressures have receded, which is allowing policy makers to lower interest rates and pursue pro-growth policies. In addition, valuations are attractive, particularly in Brazil and Chile,’ said Simpson.
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