Latin America offers the best opportunity for emerging-market investments in 2023, according to Nur Cristiani, head of LatAm investment strategy for JPMorgan Private Bank.
She believes, however, that the region will only outperform in relative terms – due to other areas of EM struggling next year – and still expects its GDP to slow down when compared with 2022.
“If we look at Latin America on an absolute basis and compare it against 2022 then we see a worsening outlook – which might seem at odds with our advice to clients that the region is the bright spot in EM.
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