Can Argentina's new president 'normalise' relations with capital markets?

The recent election in Argentina marks the first step in finally opening the nation to investors and a brighter future for Buenos Aires and the wider country. Roberto Lampl, Alquity's head of Latin American investments, discusses the implications for the investment industry as well as the South American continent overall.

The recent election victory of Mauricio Macri (pictured), the former mayor of Buenos Aires and the opposition to Cristina Fernandez de Kirchner's chosen successor Daniel Scioli, represents the end of an era for Argentina – and most likely a landmark turning point for the country. De Kirchner, or 'the Botox Queen' as she was unfavourably nicknamed, continued her husband Nestor's legacy and since 2007 ran a presidency which was toxic, weak and a drain on a once rich nation. Kirchernismo – the eponymous political ideology – has dominated Argentina and represented an anti-globalisation ou...