Aberdeen Asset Management has launched a Latin American equity fund giving schemes the chance to gain exposure to economies such as Brazil, Chile and Mexico.
The vehicle – the Aberdeen Latin American Equity Fund – will be managed by the firm’s emerging markets team based in London and São Paulo.
Aberdeen’s head of global emerging markets Devan Kaloo said: “These uncertain times highlight the need to focus on companies with strong balance sheets, sound businesses and proven management.
“In this regard, the outlook for Latin America is compelling.
“Given that the region benefits from improved economic fundamentals, vast natural resources, a significant pool of consumers with favourable demographics, and financially strong companies, and should not be overlooked in a well-diversified global portfolio.”
Source: http://www.professionalpensions.com
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