The Latin American growth gap, or the rate of growth differential between countries measured by GDP, may have peaked in 2012 according to HSBC analysts.
While Brazil and Argentina showed signs of deceleration, Mexico, Chile and Columbia maintained strong growth metrics.
HSBC says “In the case of Mexico, a virtuous cycle of initiatives by policymakers and investment decisions by firms appears to be emerging. In Brazil, we currently observe the opposite”.
Forecasts for GDP growth in the region come in at “4.8% for Chile, 6.2% for Peru and 4.3% for Colombia”.
Both the Excel Latin America Bond Fund and Excel Latin America (Equity) Fund are two great investment vehicles helping Canadian investors capture the tremendous economic performance opportunity of the Latin American region. With geographic diversification and leading portfolio managers managing an Excel fund we aim to provide investors with both value, strength and expertise.
Written by Jack S.