Brazil needs to stick to reforms if it wants to maintain low inflation and low interest rates, says the head of the central bank, Ilan Goldfajn
Category: 2018 May / June
Interview: BlueOrange Capital
BlueOrange Capital wants to mobilize private capital to provide mezzanine debt for sustainable investments in Latin America, but it understands that making an impact comes at a cost.
Investors make an impact in Central America
Small businesses in Central America are benefitting from the growing role of local impact funds, as healthy returns and the chance to make a difference attract investors.
Impact bonds emerge as an asset class
Test cases in Colombia and Peru are proving the effectiveness of impact bonds, but not their appeal to institutional investors.
Local-currency bonds fail to keep up the momentum
Global local currency bonds were a popular fundraising option in 2017, but new issues have slowed down this year as investors look to avoid exchange rate risk amid market uncertainty.
Brazil’s pension funds try to correct past mistakes
Pension funds in Brazil are reeling from corruption scandals that caused billions of reais in losses. Now they are implementing stricter rules for picking investments, but options are slim.
Brazil’s insurers revise investment strategies
Brazilian insurers have found the recipe for investing simple: Buy high-yield, low-risk government bonds. But as interest rates drop, they are venturing into new territories in a search for yield.
Infrastructure funds find role in Colombia’s 4G program
New financing for a corruption dogged toll road project heralds a turnaround in the country’s project finance market.
Equity funds bet on Brazilian recovery
As Brazil reemerges a deep recession, equity fund managers have taken a shine again to Latin America’s largest economy. Elsewhere in the region, the picks are more selective.
Fund managers steer through debt markets
After a year of good returns, bond investors in Latin America face increasing volatility — again. Elections and higher interest rates loom, keeping debt fund managers on their toes.
