August 2007

Investment funds: LatAm mutual funds are world’s best performers

by Chloe Hayward

Latin American mutual funds are the best performers in the world year-to-date according to fund tracker Morningstar,which reports rises of 32.26% for the first half of 2007.


 

"It is always tough to try to forecast 40% to 50% annual returns, but I would say that given that investors are seeking earnings growth of about 25% this year, then a 25% annual return next year is not out of whack" Will Landers, BlackRock Investments

Their three-year annual returns stand at an impressive 60.06%. In comparison, Pacific/Asia ex-Japan funds that tap into the booming economies of India and China were up 30.58% for the year, with a three-year average of 38.42%.

The strongly performing stocks in Latin America come from all...


You must be a trialist or subscriber to view this content

Please Subscribe or take a Free Trial below.
Already a subscriber? Log in here.





Download the Free Euromoney iPad app today