Investment Management Review

Investment Management Review

Argentina

Ever since hitting a peak in August 1997, the level of assets invested in Latin American investment funds has been trending downward. By March of this year, open-end Latin American fund assets totaled $1.4 billion, only a quarter of their size five years ago, according to Merrill Lynch. Investors have simply lost interest in these dedicated Latin American funds and now tend to prefer a more diversified strategy that spreads both risk and opportunities for gain across multiple markets and regions of the world. But dedicated funds can still be a good vehicle for investors who want to remain focused on Latin America and who are convinced of its long-term growth prospects, driven by a cont

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