Chile's IM Trust is looking forward to a year of
consolidation following 18 months of expansion into new markets
and products. The boutique investment bank is spreading its
wings while simultaneously keeping its grip on the home market
amid increasing competition from other domestic shops.
"Our strategy definitely is more global," IM Trust executive
director Guillermo Tagle tells LatinFinance. "We have decided
to expand to some of the neighboring countries, especially Peru
and Colombia," he adds.
In Colombia, IM Trust is teaming up with boutique investment
bank Q&A Consulting. "We see a very good opportunity in the
corporate finance business to be developed in Peru and
Colombia," says Tagle. He adds that the larger Latin markets
like Brazil and Mexico are less attractive because they are
well banked by the bigger global players. But he...
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