Category: 2023 Q1
MARKET TALK: Q1 2023 OUTLOOK – BONDS
Latin American bond sales plunged in the second half of 2022 as interest rates increased and investors shied away from emerging markets. When will this turn around? A lot hinges on the benchmark US rate, but bond sales are poised to pick up in the first quarter, analysts say. Latin American primary bond sales are […]
MARKET TALK: Q1 2023 OUTLOOK – EQUITY
Primary equity issuance is poised for a recovery in 2023, as an expected decline in inflation and interest rates leads companies to brush off deals. Brazil likely will lead the pack, as well as natural resources producers from around the region. After a sharp slowdown in initial public offerings and follow-on offers in 2022, Latin […]
MARKET TALK: Q1 2023 OUTLOOK – M&A
After a sharp slowdown in 2022, M&A volumes are poised to recover in 2023 as companies sell assets to focus on their core businesses and buyers look for growth in stable sectors like energy, food and infrastructure. Mergers and acquisitions activity in Latin America likely will pick up in 2023 as buyers look for growth […]
MARKET TALK: Q1 2023 OUTLOOK – LOANS
After a subdued second half of 2022, lending activity is poised for a recovery in 2023 as companies borrow to refinance debts and fund growth. It has got more expensive, though. Loans activity in Latin America is expected to increase in the first quarter of 2023 after a quiet second half of 2022, as corporates […]
BOND MARKET – WAITING FOR THE TURN
The rise in global interest rates has put a damper on Latin American bond issuance in international markets. The question now is when – and at what rate – it will begin to recover. In Latin America, crisis management has become pretty much ingrained in the psyche. After the region’s debt crises of the 1980s, […]
WEALTH MANAGEMENT: THE HUNT FOR RETURN
With the end of cheap money and a plunge in bond and stock prices in 2022, wealth managers have had to search for returns. Of all the investments, Latin America has surprisingly fared better than most – but the strategy advice for the coming year won’t be the same. In the middle of the COVID-19 […]
INTERVIEW: WILSON BARCELLOS
Brazil is the biggest economy and financial market in Latin America. This makes it attractive for investors in emerging markets. But with a leftist former president, Luiz Inácio Lula da Silva, returning to power, the question is how to invest without losing money at a time of local and global uncertainty. Wilson Barcellos, CEO of […]
BANKING SECTOR RESILIENCE: TRIED AND TESTED
Latin American banks are a hardy lot. After so many crises over the years, they’ve learned how to not only shield themselves but rapidly return to growth. That’s the playbook they’re following in this cycle of global financial tightening. Will it work? In his best-selling book Outliers, Malcolm Gladwell argues that it takes 10,000 hours of practice […]
FINTECH REGULATION – CHILE: A FINTECH HUB?
With the approval of a law to regulate the sector, Chile’s fintechs are coming of age. The country’s sophisticated financial industry, high level of financial inclusion and gung-ho start-up culture will make it a space to watch over the next decade. Ever feel fleeced? It’s a sentiment millions of migrants across Latin America likely experience […]