Archive

May / June 2013

April rebound quashes slowdown fears for Peru, says Velarde

Economy & Policy

Brandishing fresh April growth numbers, Peru's central bank governor sought Wednesday to allay fears of an economic slowdown.

Institutional wealth – central banks: Burden of riches

Chile Peru Asia

An unprecedented surge in reserves has left central bankers struggling to find yield – and still play it safe

Institutional wealth – pension funds: The next generation

Brazil Chile Colombia

Ballooning savings from young populations are raising the stakes for Latin America’s pension managers

Debt investor scorecard: Beating the benchmark

Corporate & Sovereign Strategy Funds

Latin debt funds have had a solid run in recent years. But replicating record returns will prove ever more challenging

Equity investor scorecard: Bargain hunters

Corporate & Sovereign Strategy Funds

Not everyone has fallen in love with LatAm’s domestic demand story. For equity investors, finding the turning point is the route to success – even for unloved large caps

Brazilian investor scorecard: Sitting tight

Corporate & Sovereign Strategy Brazil Funds

Moves by Brazil’s central bank have kept investors on guard over the past year. The best performing domestic funds have anticipated rate changes – and see opportunities i...

High-Yield bonds: The looking glass

Bonds

Cash is rushing into sub-investment grade debt amid low returns elsewhere. But as the market picks up, investors warn not all is what it seems

Venezuela: Stand and deliver

Venezuela

A narrow and disputed election win by Nicolás Maduro opens the way for greater changes in Venezuela’s economic management

Local Currency: Gaining currency

Bonds

Investors continue to pile into local currency debt. But liquidity limits and strict investment criteria will keep the markets constrained

Local currency – Peru: Safety in numbers

Peru Bonds

Despite renewed fervor for the sol market, Peruvian companies are still looking further afield for liquid deals

Local currency – Mexico: Closer to home

Mexico Bonds

A growing number of Latin American borrowers are looking to Mexico’s debt markets – the most sophisticated in the region – to raise financing

Andean Region: Cautious on credit

Andean Economy & Policy Corporate & Sovereign Strategy

As the Colombian and Peruvian economies expand rapidly, lending is growing at double-digit rates. Authorities in both countries must proceed carefully to avoid a bubble f...

Andean region: Travelling light

Colombia Economy & Policy Corporate & Sovereign Strategy

Colombia is set to start awarding its $22 billion highway concession program. But managing the financing is easier said than done

Parting Shot: Reversal of fortune

The benefits of the commodity boom are set to fade – even if prices don’t fall sharply, warns Claudio Loser. Latin America’s blessing could soon become its curse

Front Notes: Value for money

M&A: Buying into Peru

M&A

People: Maduro picks cabinet

People

Equity: Sempra charges up Mexico

Equity

Debt: Chasing yield

Bonds