May 1, 2017 |
As Latin American economies have gathered speed over the past 12 months, equity fund returns have bounced back. It has been a great year for the best performers, with returns deep into double-digits.
T. Rowe Price's Latin America Equity Fund, for example, returned 27.7% in the 12 months to the end of March, and Aberdeen Asset Management's Latin America Equity fund posted a 32.2% return, according to performance data from Lipper. The funds rank first and second on LatinFinance's 2017 Equity Investor Scorecard, which assesses the three-year performance of portfolios with at least 90% of their assets invested in Latin America.
The best-performing funds notched solid returns from a wide rang
Equity fund flows are soaring, reversing years of exits from the asset class, yet risks still linger in Latin American stocks. The best investors are picking carefully