June 30, 2020 |
Trying to see through the fog of the COVID-19 pandemic for equity investors is likely just as effective as trying to successfully predict where equity markets will close out one of the most historic years on record, and there are six more turbulent months to go.
Latin American equity prices have ricochet off their late March lows and yet benchmark indexes are still down stomach churning levels for the year, indicative of the ferocious flight-to-safety sell-off that slammed the region. At one point the MSCI EM Latin America equity index lost more than half its value, only to see a rally boost it to a still eye-watering negative 35% in late June.
“I think investors need to be increasingly attu
Interview with Edward Evans, Portfolio Manager, Ashmore Investment Management