Peru Sees Limited Downside to Election

Apr 11, 2011

Analysts and investors see a limit to downside for Peruvian assets as voters sent Ollanta Humala and one of his closely-polling opponents to the second round of Peru’s presidential elections set to take place June 5. Newswires reported late Sunday that the race for second place could take days to determine, as Keiko Fujimori held a slight lead over Pedro Pablo Kuczynski. Though there has been concern in the markets as Humala took a strong lead in polls recently, his ability to make...

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

Jan Dehn, Ashmore Investment Management