All Latin America articles – Page 2
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Asset Manager NewsGLP Closes BRL 5.2 Billion Brazil Development Fund
GLP BDP II is one of the largest ever logistics-focused funds in Latin America and will develop nine Class-A logistics parks in prime São Paulo submarkets
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Asset Manager NewsConsortium led by Ecorodovias and GLP wins Brazil highway concession
BR-153 Highway will be managed by consortium that will invest BRL 7.8 billion in infrastructure improvement works over the next 35 years
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Asset Manager NewsGTIS Partners: Again Named The Most Sustainable Private Equity Real Estate Firm in South America
GTIS Brazil Real Estate Fund Ranked Number 1 in South America for Sixth Consecutive Year
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White papersESG in Action: Protecting the Amazon by Investing in Brazilian Beef
Blazing wildfires and a shift in Brazilian government policies away from environmental stewardship have thrust deforestation into the international spotlight. AB equity and credit portfolios’ large positions in Brazilian beef producers provide an opportunity to promote sustainable practices that can help protect tropical forests while mitigating environmental and investment risks.
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Asset Manager News2020-Q1 Brazil Market Commentary
The stars were seemingly aligned for Brazil’s economy entering 2020, but the outbreak of COVID-19 changed that in a matter of weeks. While the full impact has yet to be realized as Brazil’s outbreak began later than other countries and is currently still expanding, it is already clear that Latin America’s largest economy will see a sharp slowdown in growth during 2020 and unprecedent levels of unemployment.
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White papersPerspectives on Emerging Markets Investing
The first half of 2020 witnessed an unexpected shock that unsettled markets around the world and abruptly ended a 10-year, record-long expansion. Emerging market (EM) economies—profoundly distinct and at different stages of development—have weathered the COVID-19 storm better than expected, yet many face longer-term headwinds.
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White papersBrazil On The Rise
Investor expectations of the newly elected President Bolsonaro and Economy Minister Paulo Guedes were high following an election victory based on an agenda of security and reform. In December 2018, Wall Street economists ranked Brazil as the top investment opportunity for 2019 according to the December 5-17 Bloomberg surveyi of 30 economists and investors, largely based on the market-friendly campaign promises, and an economic agenda with four stated priorities:
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White papers
Q1 2019 – Brazil Economic Outlook
After taking office, newly-elected President Jair Bolsonaro tapped highly-acclaimed, University of Chicago-trained economist Paulo Guedes to head the newly created “Super Ministry” of Economy. Since taking the Ministry of Economy position, Guedes has publicly pushed for a substantial pension reform and a sweeping R$1.0 trillion target privatization program as core tenets of his market-friendly economic policy. The market is now clearly showing a renewed sense of optimism that Brazil is now back on the right track. Consumer and business confidence sharply improved in 2018 as surveys showed an increasing likelihood of a Bolsonaro victory and expectations of continued economic reforms.
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White papers
Q2 2019 Brazil on the Rise
During the 2018 Presidential Election, Guedes established four priorities for the administration’s economic policy: 1) Responsible fiscal and monetary policy, 2) Reduced government presence in the economy, especially through privatization, 3) Greater integration with the global economy, and 4) Business-friendly reforms. Within the first year, the administration has delivered or substantially progressed on its promise in regards to economic reform.
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White papersEconomic Crisis And Political Risk Batter Argentina. Way Out Or Opportunity?
The economy is facing severe stagflation. Monetary and fiscal policy are extremely tight, consumer and investor confidence is low, and inflation is proving very sticky amidst wage indexation. Whilst we view the fiscal and monetary mix to be appropriate given Argentina’s macro challenges, it is possible that these measures may not be able to stabilise the economy in time for the elections.
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White papersH1 2019 - Emerging Markets Charts & Views: Seek opportunities, but be aware of short-term volatility
Emerging markets (EM) started 2019 on a strong footing and, as a result, some excessive valuation gaps have been partially closed. Yet, we continue to see opportunities in all EM segments (equity, bonds in hard currency and in local currency) with a medium to long-term view.
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White papersGlobal Perspectives: 2019 Outlook
The new year brings new challenges and new opportunities for investors. The investment professionals of Principal Global Investors look at the regional macroeconomic outlooks and examine the major asset classes.
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White papersCross Asset Investment Strategy Special Edition: Outlook 2019
With late cycle features continuing to materialise and a higher level of vulnerability developing due to the uncertain geopolitical backdrop, 2019 will require investors to embrace a more prudent approach, despite the benign global economic outlook.
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White papersChina & Brazil: Currencies on Diverging Paths?
The election of a new leader in Brazil and the escalating Sino-U.S. trade war could send their currencies, the real and yuan, on diverging paths.
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White papersBrazilian elections: lights and shadows on the horizon
The expected outcome of the presidential election occurred, with right-wing candidate Jair Bolsonaro winning vs the leftist Fernando Haddad.
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Asset Manager News
São Paulo's Top Hotel For Business Travelers Might Surprise You
The reasons for visiting São Paulo, Brazil’s largest city, are aplenty. For starters, it’s the cultural and financial hub of the country. So no matter the time of day, the metropolis is alway humming with vibrant energy. There’s plenty of world-class museums and cultural attractions to explore, including the São Paulo Museum of Art (MASP) designed by Lina Bo Bardi, Museum of Contemporary Art (MAC), and Museu Afro Brasil.
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Asset Manager News
GTIS Partners LP broadens business model; announces launch of Brazil Infrastructure Platform with plans for vertically integrated team
GTIS Partners LP (“GTIS”), a real estate investment firm headquartered in New York with offices in São Paulo, San Francisco, Los Angeles, Atlanta, Paris and Munich, today announced it is expanding into infrastructure investing in Brazil. Concurrently, the firm said it hired Eduardo Klepacz, formerly CEO of Cubico Brazil, one of the country’s largest renewable energy generators, to head GTIS’ new infrastructure investment team based in Sao Paulo.
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White papersExchange rate predictability in Emerging Markets
This paper uses financial and macroeconomic variables to predict currency returns, by using a two-step procedure. The first step consists of a cointegration equation that explains the exchange rate level as a function of global and domestic financial factors. The second step estimates an error-correction equation, for modeling the expected returns. This approach is a factor model analysis, where a Lasso derived technique is used for variable selection.
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White papersCross Asset Investment Strategy: July 2018
Since the beginning of the year, emerging market risky assets have become more volatile.
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White papersPolitical Event Risk Raises Stakes for Sudden Price Moves
Major political event risk, ranging from elections in Mexico, Brazil and the U.S., to Brexit and NAFTA negotiations, could swing equity, bond, FX and ags markets.
