December 15, 2020 |
In the emerging market equity space, Latin America stood out in 2020, but for the wrong reasons. The sector underperformed its emerging market peers by a wide margin through the end of November.
But it was in November when that seemed to change, much as the political landscape changed in the United States following the presidential election and talk of new economic stimulus and a weakening US dollar.
Latin America turned into one of the best performing regions in the world in November and is expected to maintain a strong performance in 2021, says Will Landers, head of Latin American equities at BTG Pactual Asset Management in New York.
The benchmark MSCI EM Latin America equity index, which
Interview with Will Landers, Head of Latin American Equities at BTG Pactual Asset Management