LATAM STARS INDEX: Picking a winner

LATAM STARS INDEX: Picking a winner

A stock index tracking the valuations of the best-managed Latin American companies has been launched by Spain-based consultancy Management & Excellence, jointly with LatinFinance. The index, launched on July 1, tracks 16 companies, eight of which have been carried over from a companion index of best-managed firms, Brazil Stars. The others are spread across the region, and stand out for their strong corporate governance, productivity and effectiveness. LatAm Stars will be benchmarked against the MSCI EM LatAm index. The benchmark is made up of 143 components, and returned a loss of 13.9% last year.The first numerical comparisons of how the new index stacks up will be available towards the en

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