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 does not rule out...
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