Citi Chops Mexico Equity, Tips LatAm Bounce

Dec 19, 2008

Citi is cutting Mexico equity to underweight from neutral and adding to an overweight in Chile, while also projecting dollar-adjusted returns of 41% in LatAm stocks next year. “All of these returns should be expected after a Q1 pullback in regional markets,” says the shop,...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management