Like the UK, Latin America has suffered greatly during the pandemic – perhaps even more so. The World Bank estimates that regional GDP may slip by as much as 8%, with more than four million…
How Will Brexit Impact Latin America?
What Happened? Britain shocked the world when it voted to leave the European Union. The referendum on the 23rd June resulted in a 52% to 48% vote in favour of leaving, sending out economic and…
Andean Gold Rush Attracts Investors
Despite the immense geological potential, with over 100 million ounces of gold discovered by explorers in recent years, investor interest in Colombia had started to wane due the perception that the government couldn’t permit projects…
A Big Year for Macri’s Argentina
Macri’s early months as president were well received by investors, who applauded his strident attempts to reform Argentina’s sclerotic economy, and voters who wanted a change. However, one year on and the economy is struggling,…
Back on the Radar
Colombia and Ecuador are attracting international mining investors, with each country showing that they can permit modern large-scale mining projects and create attractive investment conditions, writes Paul Harris in Medellin, Colombia… Colombia Despite the immense…
Mexico Scares Investors
It seems a long time ago now but when Enrique Peña Nieto managed to pass a series of structural reforms in late 2013 investor optimism in Mexico peaked. To be fair to Peña Nieto he…
Ecuador Goes to Market
Ecuador tapped international debt markets with a $1billion bond issue. The money comes at a vital time for the earthquake-hit economy that is trapped between low oil prices and the high dollar. The 10.75% coupon…
Argentine Agriculture Bounces Back
Imagine if a government came to power in the UK and declared war on the country’s financial sector. If it imposed huge taxes and economic restrictions to undermine Britain’s leading role in global finance. It…
What the EU could learn from the Pacific Alliance
In theory the EU should be a great idea. In practice not so much. As a trade bloc it has a lot going for it. It’s the world’s richest single market, with standards that protect…
When is Mexico’s Moment?
Mexico’s economy surprised analysts in the first quarter by beating expectations and growing at an annualised rate of 3.2%. It was a rare bright spot as investors begin to wonder if ‘Mexico’s moment’ is slipping…
Latin America’s Catastrophe Problem
What happened? More than 650 people have died in an earthquake that struck Ecuador’s Pacific coast on Saturday 16th April. With a magnitude of 7.8, it is the most powerful quake to strike the country…
Interview With Peter Taylor, Senior Investment Manager, Aberdeen Investment Management
The economic situation in Brazil looks dire; should investors stay away? Peter Taylor: We are not top-down macro investors but obviously we have to recognise the macro economic environment. Right now the outlook for Brazil…
The Resilient Pacific Alliance
For years LatAm INVESTOR has focused on the Pacific Alliance countries of Mexico, Colombia, Peru and Chile. They’ve rewarded our faith and are the strongest performing major economies in the region. With investors running scared,…
Macri’s Momentum
On coming to power on December 10, Macri took control of a country that had experienced a decade of unorthodox macroeconomic management. The rule of first Nestor, then Cristina Kirchner, had created a number of…
Latin America Shouldn’t Fear the Fed in 2016
The Federal Reserve raises rates. Those five words should strike fear into any Latin American investor’s heart. After all, there are plenty of painful episodes in living memory when a US rate rise spelt…
Panama’s Progress Report
There is no other way to put it: Panama is booming. This year the economy is expected to grow by 6%, that’s ten times more than the regional average. But the one-year-old administration of President…