“If you are seeking returns, go Latin America,” Javier Montero, a fund manager with Moneda Asset Management, the region’s biggest investment fund, said in an interview. Moneda, with $6.5 billion under management deployed in debt and equity from Mexico to Argentina, is bullish on the region over the next three years. The reason is a general political shift to a “more market-friendly approach” seen in Argentina, Peru, Brazil and Uruguay, and soon to happen in Chile, according to Montero. Bloomberg reports. DHL ecommerce business in Chile is “booming” DHL eCommerce’s first entry into South America via Chile is exceeding expectations a month after starting as it gives retailers easier ways to deliver to consumers that could boost online shopping, a […]
Latin America opportunities abound, says top investment fund
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