Archive

May / June 2015

FRONT NOTES: Petrobras' slog

People Corporate & Sovereign Strategy Brazil

Petrobras is a thorny topic for many investors in Latin America

Bonds news: Returning to form

Bonds

Investors remain keen for Latin American debt and Petrobras’ financial results could pave the way for Brazilians to get back into the market. By Patrick Ferguson

Loans news: A revival, of sorts

Loans

After Brazilian corporates pave the way, most loans bankers say activity in the loans market is to set to pick up. By Patrick Ferguson

Equity and M&A news: Energized market

M&A Equity

Latin American companies stepped up acquisitions and divestments in March and April, while new equity sales remained subdued. By Eduardo García

People news: Oil change please

People

The region’s biggest oil and commodity producers shake up their leadership. By Jennifer P. Roig

COVER STORY: Treading Carefully

Funds

The year just past was one in which normal investment strategies did not apply. 2015 has yet to prove much better. Investors are focusing more carefully than ever on avoi...

Equity scorecard: A year to forget

Debt scorecard: A fine line

Bonds Funds

With macroeconomic factors leaving Latin America out of favor, bond investors are turning to ever-more selective strategies. By Eduardo García

Brazil scorecard: Against the odds

Brazil Bonds Funds

With inflation high and interest rates steadily increasing, fund managers in Brazil face altogether different problems to their developed market peers. A focus on quality...

SPECIAL REPORT: Chile

Chile

Chilean economy: Dented hopes

Chile Economy & Policy Corporate & Sovereign Strategy

After business confidence took a knock from sweeping tax reforms, Chile’s long-term success hinges on how the government deploys its new revenues. By Phil Thornton

Codelco: After the boom

Chile Bonds Economy & Policy

Across Latin America, mining companies are reeling from the crash in commodity prices. In Chile, that’s pushing Codelco to step up its defensive strategy. By Jennifer P. ...

Rodrigo Vergara: Adjusting to the new global economy

Chile Economy & Policy Corporate & Sovereign Strategy

Reforms in Chile are adding to headwinds from lower commodity prices and changing US monetary policy. But a strong macroeconomic framework has set the country up for succ...

Chilean infrastructure: In search of buyers

Chile Bonds Project & Infrastructure Finance

As the price of commodities falls, copper miners are shying away from power purchase agreements. That’s putting strain on renewable energy producers looking to build proj...

SPECIAL REPORT: Pension funds

Chile Colombia Mexico

Regional investing: In the neighborhood

Chile Colombia Mexico

Pension fund administrators are increasingly looking at the local markets next door. But despite many good intentions, regulations still hinder them from investing freely...

Afores: Jumping through hoops

Mexico Bonds Structured Finance

Given Mexico’s need for real estate and infrastructure financing, the new private equity vehicle has disappointed. Both the government and pension funds are exploring way...

Chile's pensions: Keeping up

Chile Funds

Chilean pension funds had a 2014 to brag about. As regulatory scrutiny on the system heats up and markets turn sour, it’s unclear whether the winning streak can last. By ...

Alonso Segura: The pursuit of growth

Peru Economy & Policy Corporate & Sovereign Strategy

Despite the external shocks, Peru’s economy can return to faster rates of expansion, says the country's finance minister