Talk of a bounce back from the economic devastation wreaked by Covid-19 may feel a little premature in the UK. We are still in the midst of it all. But some countries are enjoying the first signs of recovery.
So-called emerging market economies have started to see strong growth and many investment experts believe they present good long-term opportunities for investors.
Sam Dickens, portfolio manager at IG, is one of them. He points out that since stock markets plunged last March, an index of the biggest companies in emerging markets has outperformed US companies by close to 17 per cent.
Opportunity: The poverty and the riches on display in Mumbai. Experts believe India offers a huge amount of potential
Green shoots for Latin America -The economics impact of the pandemic for Latin America has been dire, but not as bad for some global peers -There are encouraging signs of recovery from key sectors of the economy -The corporate sector has shown its resilience By Viktor Szabó, Investment Manager, Aberdeen Latin American Income Fund Limited Shutterstock/worldclassphoto Latin America may be at a turning point. After a difficult period for the region, where many countries have struggled to contain the virus, a number of factors are coming together to create a better outlook. These include a changing political climate in the US, fiscal and monetary support and stronger prospects for corporate earnings.
18 December 2020, 10:04
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By Viktor Szabó, Investment Manager, Aberdeen Latin American Income Fund Limited
-The economic impact of the pandemic for Latin America has been dire, but not as bad as for some global peers
-There are encouraging signs of recovery from key sectors of the economy
-The corporate sector has shown its resilience
Latin America may be at a turning point. After a difficult period for the region, where many countries have struggled to contain the virus, a number of factors are coming together to create a better outlook. These include a changing political climate in the US, fiscal and monetary support and stronger prospects for corporate earnings.