Autumn 2012

SwimmersThe country’s overall infrastructure investment rate is below that of its peers. Andrew Short explores the case ahead of the World Cup in 2014 and the Olympic Games in 2016.

FacadeBank credit rating downgrades are becoming a familiar sight. The importance of Latin America to Spain’s largest banks should cause fund managers to reassess counterparty risk. Nick Fitzpatrick reports.

WaterfallBrazilian equities have had a difficult 18 months. Nick Fitzpatrick finds that despite a good first quarter, this asset class of the future is still troubled.

Growth expectations for Brazil have been revised downwards and the stock market has been volatile. Increasingly, Brazilian growth is linked to China’s growth, which has slowed too. Though interest rates have been decreasing – which should be good for growth – inflation has been creeping upwards. Funds Global polled economic opinions about the world’s sixth-largest economy.

TradersThe Brazil Stock Exchange defends its fees as the regulator considers a reform to bring costs down, reports Nick Fitzpatrick.

CloudsJuan Pablo Córdoba Garcés, chief executive of the Colombian Securities Exchange, and other market participants, talk to Nick Fitzpatrick about the first year of trading for the Latin American Integrated Market.

Mexico cityThe Mexico Stock Exchange is seeking to join the integrated stock exchanges of Chile, Colombia and Peru, known as Mila. Philippe Carré, of SunGard, discusses the latest developments.

compassLatin America’s fund managers are experts at domestic equities, while some – and it is suggested the Chileans most of all – have a pan-regional expertise too. It is a natural next step, then, that asset managers look to expand overseas. Nick Fitzpatrick asks fund service providers about trends among this client base.

ChileA history of inflation is one underlying reason why the Chilean fixed income market is so complex today, writes Lorenzo Naranjo, of the ESSEC Business School.

Sponsored Profiles

SPONSORED FEATURE: Smarter than beta

Jun 14, 2017

‘Smart beta’ investing is rapidly becoming a popular alternative to both conventional passive management and traditional active management.

SPONSORED FEATURE: Smart beta: Unlocking key drivers of return

Jun 14, 2017

Manuela Sperandeo, iShares Head of Specialist Sales EMEA, tells Funds Europe how investors can leverage smart beta strategies to target numerous outcomes.

SPONSORED FEATURE: Minimum variance indices: Rewriting the rules

Jun 14, 2017

The FTSE Russell indices tracked by lyxor lead to fewer specific risks, fewer valuation and crowding issues and more consistent performance.

SPONSORED FEATURE: The reflationary environment

Jun 06, 2017

Funds Europe talks to Andreas Wosol about the implications of a return to reflation and why the value part of the European equity market could support investors in such an environment.

Executive Interviews

INTERVIEW: Finding managers that can (and do)

Apr 18, 2017

Fabrice Kremer, a fund selector at Banque de Luxembourg Investments, has berated fundamental managers for failing to beat indices, but he remains committed to active funds. He speaks to Nick...

JERSEY INTERVIEW: ‘A steady sort of place’

Mar 21, 2017

The chief executive of Jersey Finance is keen to portray the island as a stable, trustworthy jurisdiction. He talks to George Mitton.

Roundtables & Panels

TRENDING: Smart beta indices continue onward march

Jun 14, 2017

We asked five investment experts how smart beta indices have performed against cap-weighted indices over the past year and what the investment outlook suggests about the prospect for different investment factors.

SMART MONEY: Following the smart money

Jun 14, 2017

We asked six investment professionals about the emphasis they are placing on smart beta and active ETFs and how platforms are adopting these products.