Why the outlook is positive for Latin America

clock • 4 min read

Brett Diment, co-manager of Aberdeen's Latin American Income fund, reveals why investors cannot afford to ignore the region.

The Guinness Book of Records duly notes that Brazil is home to the world's largest cashew nut tree, which covers an area of almost 8,400 square metres, and has a circumference of 0.5km. The tree, situated in Natal in the north-east of the country, produces more than 80,000 cashew nuts during its fruiting season, and could be the mainstay of the maxim that Brazil is "where the nuts come from". But over the past few years as we have witnessed ubiquitous sovereign debt crises in developed economies, and the balance of power shift from developed to emerging market economies, this view of ...

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